Can You Trust a Zestimate for Home Value?
Sep 16, 2016
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Episode description
Why are Zillow Zestimates so wildly inaccurate? Zillow simply has no way of seeing the inside of your home, including finishing touches and upgrades to your property.
Buying a home? Search all Colorado homes for sale Selling your Colorado home? Get a free home value report
Today I wanted to talk about how Zillow Zestimates are so wildly inaccurate.
I recently came across an interesting article – Zillow CEO Spencer Rascoff sold his house in Seattle in February of 2016 and the Zestimate was off by 40%! Click here to view the full article.
How can they be so far off?
Unless they have walked through your property and seen your finishing touches, any upgrades to the home, or any views your property has, it's hard for them to get it right. Zillow's CEO sold his home in 2016 for 40% less than the Zestimate. Where they really get it wrong is in the Colorado luxury market. The only way to get an accurate value for your home is with the help of an experienced local real estate professional.
If you'd like to get an accurate analysis of your property from a local expert, give me a call or send me an email. We'd love to help you out!
Buying a home? Search all Colorado homes for sale Selling your Colorado home? Get a free home value report
Today I wanted to talk about how Zillow Zestimates are so wildly inaccurate.
I recently came across an interesting article – Zillow CEO Spencer Rascoff sold his house in Seattle in February of 2016 and the Zestimate was off by 40%! Click here to view the full article.
How can they be so far off?
Unless they have walked through your property and seen your finishing touches, any upgrades to the home, or any views your property has, it's hard for them to get it right. Zillow's CEO sold his home in 2016 for 40% less than the Zestimate. Where they really get it wrong is in the Colorado luxury market. The only way to get an accurate value for your home is with the help of an experienced local real estate professional.
If you'd like to get an accurate analysis of your property from a local expert, give me a call or send me an email. We'd love to help you out!
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