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by anonymous_iam 3323 days ago
The estimate for my house dropped by 25% in one month when the market was still rising. I'm assuming that the cause was the house next door which was in poor condition and was sold for about 20% below market value. The buyer put $100k into the house and is now selling it above market value ($200k more). It will be interesting to see what the zestimate for my house will be when the other house sells again. (It will probably sell within a month.)