Zillow Zestimates?

Answer

The Zillow's Zestimate is used to determine what a home is worth. A realtor will use the location, condition of house, and other market options to estimate the market value of a house for sale.
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Q&A Related to "Zillow Zestimates?"
I wish I could figure out how to attach the entire e-mail, but that's beyond my technological skill set. I'll settle right now for attaching a link to the web page within the Zillow
http://activerain.com/blogsview/1195457/how-accura...
Ruth, I think that they are low because it is only looking at the stats for the area. It doesn't take into account for upgrades/updates or if the property is in a lot better condition
http://www.trulia.com/voices/Home_Selling/How_are_...
Zillow is not accurate and that is the big problem. Most people searching for houses go to Zillow or a similar site and when they see the low estimate, in their minds that becomes
http://www.zillow.com/advice-thread/How-accurate-i...
I totally agree with you. So, if their stock performs anywhere close to their Zestimates, then it will be all over the place. But there is value in the comparable sales they list.
http://answers.yahoo.com/question/index?qid=201107...
1 Additional Answer
Zillow's Zestimate provides an estimated value for a piece of property. This is a proprietary system that uses many factors such as the neighborhood and size of the property to come up with a valuation.
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