There are two homes on Gleneagles Dr in Skyline CC, one is for sale, the other was for sale and is now in contract. And I’m very familiar with both homes, I’ve shown both of them and wrote an offer on one that was not accepted.
They’re both approximately 3700sf, both built between 1977 and 1980, both single story with pools and views. But they’re as different as night and day. One is totally, beautifully and very expensively, top to bottom gutted and rebuilt, everything, (not just remodeled here and there) with exceptional mountain and city views from the house and yard. It’s a jewel, an exceptional property.
The other is a very nice house that has had some renovations, a nice new kitchen and three baths, and it’s in very good condition and appears to have been very well maintained, but that’s about it. It has exceptional city views but no mountain views to speak of. It’s nowhere near the level of house or views of the other one. And at list price they’re about $350,000 apart.
Yet Zillow zestimates their value within $6,000 of each other. And worse yet, they value the exceptional of the two homes at $6,000 less than the other. And nothing could be further from reality, there’s just no contest between these two homes.
In my opinion Zillow is somewhat over valuing one and waaay under valuing the other. But on paper, I suppose, and to an algorithm, they appear very similar. When they sell we’ll see where the market values them.
My guesstimate is we’ll see at least a $300,000 difference in sale prices.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
