Team Toye
Realtors
Timothy Toye & Associates
16360 Hwy 175, Cobb, CA 95426
707-928-6900
140A N Main St, Lakeport, CA 95453
707-263-2052
Is Zillow Accurate or Even Relevant? | Margaret Jackson, Keller Williams
How accurate is a Zillow Zestimate for my home value?
It was a popular online real estate marketplace that used an algorithm to "zestimate" home values and rental estimates for more homes across the United States. Zillow used a proprietary algorithm to analyze the data from public sources, such as property records and MLS listings, to determine an estimated value of a home.
However, it's important to note that these estimates can be inaccurate, and by their own data were as much as 20% off on accuracy either too high or too low
(So on a home that Zillow estimated a value of 400,000, the ACTUAL value would be 80,000 more or less than- that-that's a HUGE RANGE).
Watch this short video for things to consider with online auto valuation tools...
Team Toye
Realtors
Timothy Toye & Associates
16360 Hwy 175, Cobb, CA 95426
707-928-6900
140A N Main St, Lakeport, CA 95453
707-263-2052
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