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How Accurate is Your Home's Zillow Zestimate Value?

How Far Off ($) is the Typical Zillow Home Value Estimate in Your Area? - Real Estate Decoded

Let’s get one thing straight: a Zillow estimate is NOT a home appraisal. A Zestimate (short for Zillow estimate) is an online estimate of a home’s market value. The Zestimate is a computer generated estimate of what it THINKS your home is worth. The Zillow algorithm collects data provided by property owners, real estate agents, brokerages, and the MLS to determine your Zestimate. Zillow will provide a formula against things like square footage, number of bathrooms, etc. What Zillow doesn’t facto