The value of my home was listed at $9,400,000. My neighbors' house was valued at $8,900,000. Within a day, my house lost $1,000,000 in value and my neighbors gained $6,000,000 in value!! My house is now $8,400,000 and my neighbor's house is $14,600,000. How in the world could this happen. Both properties are comparable, no work or upgrades have been done to either house.We are in the Brentwood section of Los Angeles. I thought that Zillow was a fairly good guideline, but obviously it is inaccurate and a joke.
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