Answers (2)
- Marie Souza Team, "MarieSouzaTeam"
- Contributions:293
Zillows zestimates are based on "comparable" (meaning in the area, may not even be the same location) of similar properties that have sold. It pulls basic data (# bedrooms, lot size, # bathrooms, square footage etc), but does not take into account upgrades, views, landscaping etc. Please, do not make an offer or base a value of a property off of Zillow estimates, there are too many factors missing from their evaluations to come up with the true market value. Like Vince said below, have a local Agent pull the active, pending & sold properties from your MLS to come up with the current, fair market price.
- Vince Curtis, "SoCal Appraiser"
- Contributions:5426
Sales, or comps, in the area. I would have your Realtor run comps and come up with an appropriate offer price. Or contact a local appraiser, but that will probably cost you.
You can find a local appraiser here...
https://www.asc.gov/National-Registry/FindAnAppraiser.aspx
You can find a local appraiser here...
https://www.asc.gov/National-Registry/FindAnAppraiser.aspx
Where do the Zestimates come from?
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