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Updated almost 7 years ago on . Most recent reply

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199
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Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
124
Votes |
199
Posts

Zillow price much lower than market value of my flip

Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
Posted

Hi All,

I have a fully rehabbed house I will be selling for around 250K.  Zillow has the house at around 200K.  Zillow does not know it has a new roof, new layout, new kitchen, new baths, etc.  The house was purchased when the market was still down from where it is now.  I have had a few other agents check my comps and no issues.  

I am worried about Zillow being a detriment in this situation if a potential buyer sees the low price on Zillow.  What have others done in this situation?  Has it been a problem for you?  The SQFT is corrrect, but that is all Zillow knows about this house.

Most Popular Reply

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6,930
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,526
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6,930
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

I have a house that zillow says its worth $300,000 . If someone would give me that I would be laughing all the way to the bank 

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