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nationwide. You can also look at homes that have sold in your area and find out the amount they sold for. This helps you determine just how much your own home might be worth. Zillow’s “How much is my home worth” tool calculates your...
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Once you have a figure, compare it to online estimation tools. Just be leery. Zillow has its Zestimate tool that you can use to see how it compares to your conclusion. Though they report an error rate of between 4 and 5 percent, who would want to be off that much? This tool’s acc...
Competitor real estate listing site Zillow has itsZestimatetool, but Redfin says what sets it apart is the information it uses from the Multiple Listing Services (MLS), like the house’s gorgeous view of the water or its location on a noisy street. Its 500 data points about the market give...
If you're looking to buy or sell a house or other real estate property, Zillow is an excellent resource with millions of property listings and detailed market data. In addition to traditional real estate purposes, the data available on Zillow comes in handy for market analy...
Use a site like Zillow or realtor.com to look for comparable homes in your neighborhood. It will help you determine whether their evaluations are in line with your own and if you have a legitimate case. Remember thathome value estimatorestimates, like the Zestimate, are not valid for appealin...
Before talking about why the zestimate is trending up, it is a bit ironic that Zillow places so much emphasis on the accuracy of their zestimate, yet do not provide an “instant offer” based on this number.According to Zillow: “We use the Zestimate as a starting point, then look at ...
Just be aware: Zillow has its quirks, too. “I think every seller looks at their Zestimate, but that can be off, especially with a house that’s not cookie-cutter. The tax data that’s in Zillow isn’t always correct,” Knipe says. Agents will look at these online tools so they kn...
The more home sales that occur in your area, the more data Zillow has about how much buyers think those homes are worth. This makes Zestimates more accurate. So, if you live in a hot real estate market in the San Francisco Bay Area, your Zestimate might be more accurate than if you l...