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What is a Zestimate® and is it Accurate?
Mar 31, 2019
The first place people look to find out their home’s value is Zillow. Zillow produces their home value estimate called a Zestimate®. Below is the definition from Zillow:
The Zestimate® home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is calculated from public and user-submitted data, taking into account special features, location, and market conditions.