Yes, you heard me correctly,
I frequently receive Zestimates from Zillow
for previous properties I had for sale,
or have sold in the past.
This morning I received one on my own residence.
Here are my findings.
First, I will show you the report,
then I'll give you my DeBunk!
Let me start off by telling you a little bit about my house.
- Year Built 1998
- Roof Age 1998
- Flooring Ceramic Tile, Carpet, Parquet
- Bedrooms 4
- Baths 2.5
- Kitchen - Tiled Counter Tops, Breakfast Bar, SS Appliances
- All Electric
- Master Bedroom Down
- His & Her Closets
- Master Bath Separate shower with Jetted Tub His & Her Sinks
- 2 Living Areas
- Breakfast Bar and breakfast area
- A/C age 3 years
- Private Courtyard in Front
- Cabana Area in Back Yard
- Sodded back yard
- Added concrete in front for additional parking
- Indoor laundry area
- 2 Car Garage - Standard size for the Island
As I am reviewing Zillow's Zestimate
I am finding my house compared to a waterfront house.
My house is not on the water. There is no water view at all.
Another comparable is a house that is larger than mine,
with all the bells and whistles of a new construction home
-since it is new construction-
that sold for less than what they are valueing my home at.
I don't know about you,
but even if I wasn't a Professional Realtor,
I would still understand that
my house that needs lots of updating and a new roof,
would not be valued the same as new construction.
It would be valued for less.
If someone had to choose
between New Construction Homes on the Island,
and My House,
They would definitely pick New Construction
- especially if it was priced almost $100,000 less.
I do want to Thank Zillow though!
It makes me smile and dream
about all the things I could do
with the additional cash in my pocket if I were to sell.
If someone would give me the price Zillow is giving on their Zestimate,
then I could be out immediately!
Have a great day and don't always believe everything you hear on Zillow - sometimes the value is more than their Zestimate, but in this case it is less. Don't be fooled and make sure if you are a buyer, you are working with a Buyer's Agent who is there to look out for you!
Brenda J. Andrew - Realtor in the Coastal Bend since 2003
helping Buyers and Sellers
find their dream home!
Call me today to find yours 361-688-7064.