Is the Zestimate price actualised to the present market or refered to the past let say year: 2005 ?

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April 19 2010 - San Bernardino
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Profile picture for StoapTwins
It refers to the present market but doesn't always reflect the actual market value. Frequently it's not 100% up to date or doesn't take into account the condition of the property- whether it's in very bad condition and needs a lot of work or has had substantial upgrades and remodels and is in excellent condition. The based ways to find out the current market value of a property are either to get an appraisal, which costs money, or ask your Realtor to do a Comparative Market Analysis, which will show what buyers have been willing to pay for similar houses nearby.
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April 19 2010
 

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