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Today, we'll discuss Zillow, and whether you can trust Zillow's estimates of your home value.
In most cases, Zillow estimates are anywhere from 5% - 15% off. Zillow uses a basic algorithm that examines similar home sales in your neighborhood to come up with a value. However, determining the value of a property isn't that simple.
The best way to find a home's value is to talk to an agent. We will pull comparable sales and physically assess your home. Zillow may give you an idea of what your home is valued at, but Zillow cannot know the true value of your home.
If you have any questions on today's video or about real estate in general, give us a call or send us an email. We'd be happy to help you!
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