I've been irked to see that the Zillow estimate on my house is the lowest in the neighborhood by $25,000 to $30,000. These are for houses in the range of $240,000 to $290,000.
Months ago I had done the recommended edits (which I can do as the homeowner) on their website to include all of the relevant details, so the info is completely updated. Some of my neighbors have a pool, but basically we all have the same ranch style, same property size 3bd-4bd homes all built at the same time. My house has been painted within last 2 years, has typical landscape for the area, nothing amiss.
I understand that Zillow goes by algorithms in determining value, mainly on what they consider recent comparable sales. There have been recent sales of smaller 2 bedroom homes which I think has somehow gotten attached to my home value; however, there's been no such lessening of value of my neighbors' homes.
Question: I have no plans to move for many years (if at all), so does it make sense to challenge the Zillow estimate just for accuracy sake?