• "There is no substitute for experience!" - Penny McLaughlin

Compare Listings

Zillow overestimated home value by 700 percent

When Seattle residents Sue and Roy Carlson bought a modest home on the Kitsap Peninsula in June, they paid $225,000 — a discount because the house was headed for foreclosure.

Redfin now estimates the home in Belfair, southwest of Bremerton, is worth $318,000. Realtor.com’s algorithm pegs the house at $268,000. And the county assessor has valued it at $283,000.

But like most homes, when you Google its address, the first thing that shows up is its Zillow page.

And according to that Zillow page, the home is now worth $1.8 million…read more


Please follow and like us:

Related posts

Starter Home…or Not?

Should you invest in a starter home?  Or is it a better to wait and save for your “forever”...

Continue reading

The Appraisal Process

The appraisal process can be a mystery to the home buyer and seller.  Here is information that I...

Continue reading

Carol Glad Recognized for Contributions

The following content was posted to Facebook by the North Kitsap School District on November 16,...

Continue reading