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Millions of people search Google and Zillow every day to find prices for their homes, but the only problem is that a lot of these online home valuations aren’t accurate.
If we go on Zillow's website, this is how they explain it: The Zestimate is created by an automatic software process designed by statisticians, and there is no ability for humans to manually alter the Zestimate for a specific property.
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Zillow is only accurate 38% of the time.
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It's been estimated that Zillow's home estimates are only right 38% of the time. That means that they are wrong 62% of the time! That is a terrible success rate.
Remember, Zillow can't take features or upgrades on your property and compare them to other recently closed homes in your area, even though doing so gives you a more updated value on your property. Zillow doesn't walk through your home or your neighborhood, and that's where my team can come in and place an accurate value on your home. As markets shift, Zillow's numbers become even less reliable.
Ultimately, if you want the most accurate price for your home, make an appointment with a real estate professional. We will go over your home and the local market data in order to give you the most accurate home value.
If you have any questions, or if you're interested in a home valuation, give us a call or send us an email. We look forward to hearing from you!
