Will Home Prices Fall as Mortgage Rates Rise? Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an
You Can Change Zillows Zestimate Heres How
Have you ever looked at the Zillow “zestimate,” for your home andf thought, "they are way off?" If you live under a rock the "zestimate" is Zillow’s estimated value for a home. When the zestimate value is an amount considerably lower than what you think it is it can drive you a bit crazy. How frustrating!
It is possible to make changes in that "zestimate", If you'd like to try, the first thing to do is to analyze the zestimate, and confirm that it is based on accurate information. Are the number of bedrooms, bathrooms, lot size and square footage correct? Has there been any significant remodelling that increased your square footage?
Zillow also uses previous sales price data, some of which may or may not be accurate, as well as local tax records. Zillow than massages all this data to reach an estimated value of your home. If all of Zillow's data is correct, you won't be able to change much, but if there are errors you can make corrections. Zillow can change their zestimate based on the new information that you provide. Zillow just made it easy to change your "zestimate."
To Change Your Zestimate:
Go to Zillow.com and enter your property’s address.
On the property page, Click Update my Zestimate.
You'll have to create an account and sign in.
Correct any errors, and your Zestimate should update immediately, you can even add pictures if you like.
Michael was born and raised in Brooklyn NY. He graduated from Brooklyn College with a degree in Mathematics. His first job out of college was as an engineer tracking satellites. His last career before....