Answers (3)
- Kristianne Earnhardt, "Kristianne140"
- Contributions:52
This is a CMA: COMPARATIVE MARKET ANALYSIS of 2602 Calumet
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=5415666767
let me know if this helps.
[email removed by Zillow moderator]
Kristianne Earnhardt
Assocaite Broker, ABR
[phone removed by Zillow moderator]
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=5415666767
let me know if this helps.
[email removed by Zillow moderator]
Kristianne Earnhardt
Assocaite Broker, ABR
[phone removed by Zillow moderator]
- Dunes ..
- Contributions:3790
How do we come up with the Zestimate?
"We compute this figure by taking zillions of data points - much of this data is public - and entering them into a formula. This formula is built using what our statisticians call "a proprietary algorithm" - big words for "secret formula." Currently, we have data, Zestimates and Rent Zestimates on approximately 100 million homes on Zillow."
What is a Zestimate FAQ
Zillions of data points & a "a proprietary algorithm" - big words for "secret formula." ......Impressive ;)
"We compute this figure by taking zillions of data points - much of this data is public - and entering them into a formula. This formula is built using what our statisticians call "a proprietary algorithm" - big words for "secret formula." Currently, we have data, Zestimates and Rent Zestimates on approximately 100 million homes on Zillow."
What is a Zestimate FAQ
Zillions of data points & a "a proprietary algorithm" - big words for "secret formula." ......Impressive ;)
- wetdawgs
- Contributions:40758
The FAQ "Valuation Tools" provides background on the Zestimate. As an outsider, there are two things I always look for related to Zestimate calculations:
1. Are there missing data? In the property mentioned, no lot size is shown and providing that may help the calculation.
2. What is the value range? For the home in question, the value range is $192K – $621K. This wide range supports the hypothesis of missing data for both the home as well as sparse data in the community.
Zillow Academy offers a number of training tools free including background on Zestimates for agents.
1. Are there missing data? In the property mentioned, no lot size is shown and providing that may help the calculation.
2. What is the value range? For the home in question, the value range is $192K – $621K. This wide range supports the hypothesis of missing data for both the home as well as sparse data in the community.
Zillow Academy offers a number of training tools free including background on Zestimates for agents.
Where do you get the zestimate from?
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