How accurate is Zillow?
I view Zillow and its “Zestimate” as a tool to get a wide ballpark range for a property. If you are deciding to buy or sell it may give you a general idea of where you might be if all things were equal. However, not all things are equal in life. Zillow assumes that all the properties in a particular area have the same amenities and should be considered “comparable’s”. The conditions of homes vary dramatically. A home with updated amenities and immaculate landscaping should not be priced the same as a house that is run down and needs major work. My advice is to use Zillow for a close but not necessarily accurate value. Nothing beats a professional comparative market analysis (CMA) prepared by a realtor. I would be happy to prepare one for you. Call me for a consultation and complimentary CMA on your property today.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s