Historic Hill, Estate of the Day

Reader Comments (Page 1 of 1)

11-14-2007 @ 10:45AM

Spectacular Bid said...

Agreed that Zillow has no real relevance when it comes to unique, historic, and/or highly customized homes. If you're trying to measure the value of one vanilla townhome built in 2005 vs. another two houses down, sure it works as a perfectly good form of measuring stick.

Sq footage, recent tax assesments, sale prices of nearby homes and other data only goes so far in terms of determining market value. The quality of materials (slate, chestnut, stone, etc), appealing architecture, landscaping, views, et al are factors which Zillow couldn't possibly take into account.

Seriously if say 'Biltmore' in Ashville, NC was to go on the market do you think Zillow would be anywhere near accurate in determining 'market value'?

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