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Why are Zillow Zestimates so inaccurate?

When even Zillow accepts that 17% of Zestimates are more than 25% incorrect it is outrageous they refuse all requests from homeowners to correct or delete obvious nonsense valuations. It is time Zillow was subjected to some form of Regulation to protect homeowners from Zillows erroneous Zestimates and the potential misery and financial damage caused.

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Zillow Zestimate, according to the developers, is intended to give just a rough estimation. They generally consider price history as well as tax information. They also consider about your home within the geographical location.

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