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Many clients ask me about the accuracy behind estimates Zillow provides. Zillow is only accurate 7% of the time! Their Zestimates are typically 5% to 10% off because they don’t take into account any interior upgrades and amenities of your home.
The site uses a basic algorithm in your area to calculate these estimates. However, we assess home values differently. Although Zillow gives you a ballpark estimate, talk to a real estate professional or an appraiser for more trustworthy estimates.
Real estate professionals will be able to assess your home based upon not only the local area but the condition inside your home and any changes that have been made. We want to paint the most accurate picture of your home. Appraisers don’t use Zillow. They inspect the home and the data for the market.
For more information on today’s topic or an accurate home value, contact me by phone or email. We’re happy to help you with your real estate needs!
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