POLL: Are you under water on your mortgage?

[Flower Lady]

I zillowed my two...

The Ormewood Ave house is about what I'd expect, but the Braeburn Dr. one seems off, probably because DeKalb County has had it listed with one fewer bath and one fewer bedroom than it actually has since it was built, and Zillow uses that data.

Interestingly, they had a value about $150K higher than I paid for it when I purchased, at the very peak of the market.

It's extra added value because of the proximity to the proposed Quick Trip!?!

[LClayton]

I zillowed my two...

The Ormewood Ave house is about what I'd expect, but the Braeburn Dr. one seems off, probably because DeKalb County has had it listed with one fewer bath and one fewer bedroom than it actually has since it was built, and Zillow uses that data.

Interestingly, they had a value about $150K higher than I paid for it when I purchased, at the very peak of the market.

It's extra added value because of the proximity to the proposed Quick Trip!?!

[jeffrey]

I Zillow'ed both of my properties.... I seem to be doing just fine.....
My rental house(next door to Mudd's condo) is valued at about 60% more than I have invested in it. I bought it in deplorable condition for not much more than the price of a luxury car, put about $40,000 in it and it rents pretty easily these days.
My house near the RTown/Inman Park Marta station is still Zillow'ed at about $50,000 more than I paid for it in September 2007 in a foreclosure sale at the very beginning edge of the financial crisis......Thank you baby Jesus that I am cheap and can see the potential in a broke-down shack.

[SteveD]

I zillowed my two...

The Ormewood Ave house is about what I'd expect, but the Braeburn Dr. one seems off, probably because DeKalb County has had it listed with one fewer bath and one fewer bedroom than it actually has since it was built, and Zillow uses that data.

Interestingly, they had a value about $150K higher than I paid for it when I purchased, at the very peak of the market.

It's extra added value because of the proximity to the proposed Quick Trip!?!

No!  the East Atlanta house you silly geeses!  gooses!  eggs!

If that QuikTrip gets built we're gonna sell the East Atlanta house and move back to the Ormewood Park house!   

[J. Grouchy]

I zillowed my two...

The Ormewood Ave house is about what I'd expect, but the Braeburn Dr. one seems off, probably because DeKalb County has had it listed with one fewer bath and one fewer bedroom than it actually has since it was built, and Zillow uses that data.

Interestingly, they had a value about $150K higher than I paid for it when I purchased, at the very peak of the market.

It's extra added value because of the proximity to the proposed Quick Trip!?!

No!  the East Atlanta house you silly geeses!  gooses!  eggs!

If that QuikTrip gets built we're gonna sell the East Atlanta house and move back to the Ormewood Park house!   

Nice to know we'll have a local directing traffic.

[Mudd]

Dumb question, but how do you Zillow your house?  All I see on there are houses for sale... thanks in advance.

[jeffrey]

Dumb question, but how do you Zillow your house?  All I see on there are houses for sale... thanks in advance.

Enter your address in the search bar at the top.... You'll see.

[Mudd]

Dumb question, but how do you Zillow your house?  All I see on there are houses for sale... thanks in advance.

Enter your address in the search bar at the top.... You'll see.

Got it - Thanks.  They don't have a lot of info... but not as bad as I thought...

[Cap'n Ken]

Dumb question, but how do you Zillow your house?  All I see on there are houses for sale... thanks in advance.

Enter your address in the search bar at the top.... You'll see.

Got it - Thanks.  They don't have a lot of info... but not as bad as I thought...

Also - do not believe what Zillow says.

[Opti1]

Dumb question, but how do you Zillow your house?  All I see on there are houses for sale... thanks in advance.

Enter your address in the search bar at the top.... You'll see.

Got it - Thanks.  They don't have a lot of info... but not as bad as I thought...

Also - do not believe what Zillow says.

Laughable in some cases.

[nd]

I think the Zillow Zestimate is a bunch of BS.  The Zestimate is a simple calculation based on SF and current selling/listing prices and is an indicator at best. 
There are still a lot of houses out there on the market and desperate sellers are dropping prices, so everyone's zestimate is going down as well.

[Opti1]

I think the Zillow Zestimate is a bunch of BS.  The Zestimate is a simple calculation based on SF and current selling/listing prices and is an indicator at best. 
There are still a lot of houses out there on the market and desperate sellers are dropping prices, so everyone's zestimate is going down as well.

Possibly going down, but probably not accurate to begin with. There aren't many comps at all for certain sized houses. Realtors need to go to Grant, Inman, or Candler to get anything close, and I don't think zillow does that.

[LClayton]

I think the Zillow Zestimate is a bunch of BS.  The Zestimate is a simple calculation based on SF and current selling/listing prices and is an indicator at best. 
There are still a lot of houses out there on the market and desperate sellers are dropping prices, so everyone's zestimate is going down as well.

Possibly going down, but probably not accurate to begin with. There aren't many comps at all for certain sized houses. Realtors need to go to Grant, Inman, or Candler to get anything close, and I don't think zillow does that.

Could you clarify the parts about going to Grant, Inman, or Candler?  Do you mean for people around here with large houses?  Does that mean that you think the estimates should be higher?

[Opti1]

I think the Zillow Zestimate is a bunch of BS.  The Zestimate is a simple calculation based on SF and current selling/listing prices and is an indicator at best. 
There are still a lot of houses out there on the market and desperate sellers are dropping prices, so everyone's zestimate is going down as well.

Possibly going down, but probably not accurate to begin with. There aren't many comps at all for certain sized houses. Realtors need to go to Grant, Inman, or Candler to get anything close, and I don't think zillow does that.

Could you clarify the parts about going to Grant, Inman, or Candler?  Do you mean for people around here with large houses?  Does that mean that you think the estimates should be higher?

I think most people think their estimate should be higher, but just looking down my street there are itty bitty ones for lots and big ones for not much, and really big ones that could never fetch that ($750k on metropolitan now? good luck with that.) Nothing of a certain size has sold in the area for years (with one exception, that needed a bunch of work and only got some of what it needed).

Typically, appraisers have had to go outside the immediate neighborhood to get comps.

[J. Grouchy]

I think the Zillow Zestimate is a bunch of BS.  The Zestimate is a simple calculation based on SF and current selling/listing prices and is an indicator at best. 
There are still a lot of houses out there on the market and desperate sellers are dropping prices, so everyone's zestimate is going down as well.

Possibly going down, but probably not accurate to begin with. There aren't many comps at all for certain sized houses. Realtors need to go to Grant, Inman, or Candler to get anything close, and I don't think zillow does that.

Could you clarify the parts about going to Grant, Inman, or Candler?  Do you mean for people around here with large houses?  Does that mean that you think the estimates should be higher?

While I fantasize daily about being able to sell for the "Zestimated" price...I'm pretty sure there's no way in hell I'd get that.  But hey...if I can make a cool 50 grand over my remaining principle on my house I'll let you know.