The Finch Formerly Known As Gold

5 March 2006

Zillow talk is the current project of Expedia founder Richard Barton, and not everyone is impressed with Zillow's "Zestimate" market-value figures. Zillow contends that the more information it can tap, the more valid the Zestimates will be, and as it happens, the Oklahoma County Assessor has all this stuff available already, so I figured that Zillow had likely tapped in and run its magic formula and gotten something close to plausible.

Which, in my case at least, they did. The official Zestimate for Surlywood is $84,482, though they allow for a Value Range of $71,810 to $103,068. There are also percentiles: 43rd percentile for my ZIP code, 55th for Oklahoma City. (Who knew this part of town was pricier than average? Then again, it butts up against the south edge of Nichols Hills.)

The Assessor's 2006 numbers should be out by the first of April. I will check that figure against Zillow's presumably-updated figure at the time. I'm thinking, though, that the difference between the two will probably be $1000 at most.

Posted at 11:14 AM to Surlywood

Zillow talk. Heh. You always have the witty titles, but this one in particular tickles me.

Posted by: Erica at 7:46 PM on 6 March 2006

$1000? More like $5052.

Then again, if we compare to the taxable value, the Assessor, thanks to the 5-percent cap law, is cutting me $9045 worth of slack (worth about a hundred bucks on the tax bill).

Posted by: CGHill at 7:07 PM on 14 March 2006