I have found zillow to be a very valuable resource. I've sold "average" properties for plus or minus 3% of zillow, which, in many cases, was above realtor "comps", and also sold rehabbed homes much higher than zillow or comps when they had been updated with modern colors and features. In either case, zillow is a great starting point. In the case of your own personal residence, most people over value features that are important to them .. but not potential buyers. Isn't that why many FSBO's are priced over Zillow and sit unsold ? A 15 year old house that hasn;t been touched in that time, will theoretically sell for much less than one that has been painted with current colors, has updated counters and appliances, and newer HVAC etc. The Zestimate figures on average improvements over time. At the same time, certain features that you have found valuable might not be worth as much as you paid for them .. eg someone might love your house, but consider your pool, summer kitchen or your kissing lanai to be negatives or deal breakers. So, IMO Zillow is a great place to start your objective valuation.
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