[starflyte1]

Do you think the Zillow home estimate is even close to the value of your home?

[boxcarwilly]

Interesting post..some you tube videos from agents have stated Zillow estimates way off esp in the FSBO category.

[JSR22]

I do not believe they are very accurate. They have no idea of what the inside of the home looks like.

[Polar Bear]

I would think there would be huge variations in Zillow's accuracy, but from my limited experience, it's been a reasonable, very general, estimate of a home's price range.

[dewilson58]

A good ESTIMATE.


Usually the details inside are gross. Personal preferences and don't add to the value.


Zillow just uses cost per SF in an area.

[Ben Franklin]

Zillow compares prices of sold homes in the general area of your home. I don't believe they take into account the different styles of homes, square footage. or lot size. They don't know if your home is 100% better or less than those sold because it's all done with computer models. That's my humble opinion.

[JimJohnson]

LOL! The villages market analysis put our home at $409,000 but the Zillow Zestimate is $328,000.
NOTE: Zillow is wack!

[dewilson58]

Originally Posted by JimJohnson

LOL! The villages market analysis put our home at $409,000 but the Zillow Zestimate is $328,000.
NOTE: Zillow is wack!

ugly wallpaper kills value every time.

[golfing eagles]

Originally Posted by JimJohnson

LOL! The villages market analysis put our home at $409,000 but the Zillow Zestimate is $328,000.
NOTE: Zillow is wack!

What is villages market analysis???

[villagetinker]

I saw our home value change +/-$50,000 over a month or so period. I was watching the house across the street that was not selling. Could not believe a $100,000 difference is such a short period of time, so IMHO, Zillow is not very accurate...........

[retiredguy123]

The Zillow estimate for my house is about 5 percent too high. But, I am a little suspicious of the independence of Zillow. Last year, a house on my street was listed by an outside Realtor. The asking price was more than $100K above the Zillow estimate. Within a week of the house being listed, the Zillow estimate increased by almost $100K. I just wonder how that happened.

[dewilson58]

Originally Posted by retiredguy123

The Zillow estimate for my house is about 5 percent too high. But, I am a little suspicious of the independence of Zillow. Last year, a house on my street was listed by an outside Realtor. The asking price was more than $100K above the Zillow estimate. Within a week of the house being listed, the Zillow estimate increased by almost $100K. I just wonder how that happened.

Zillow uses Selling Price in their model.


Too much work for Zillow to use Sales Price.

[dewilson58]

Originally Posted by golfing eagles

What is villages market analysis???

Tell The Villages you are thinking about selling. They will send in a SWAT Team and give you a price.

[Bjeanj]

Depends on if you are buying or selling. If selling, I am hoping they are very accurate. :-)

[retiredguy123]

According to a Forbes report, Zillow estimates are within about 1.9 percent of the selling price, when comparing sales prices to the Zillow estimate.

New Zillow Zestimate Accuracy