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I've mentioned it before on HN, but Zillow is vastly overvaluing my home. I paid $43k for it as a foreclosure in 2009. Today it appraises for about $60k (it's a
by morganvachon 9y ago
I've mentioned it before on HN, but Zillow is vastly overvaluing my home. I paid $43k for it as a foreclosure in 2009. Today it appraises for about $60k (it's a tiny farmhouse on a half acre lot), yet Zillow constantly values it at over $80k. I believe they do this so they can bring up the average price for the houses in my area. Maybe it's good for me, I don't know, but it's dishonest.