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Where do you get your information for zestimates?

Seems like you are way off in some of your prices....$100,000 plus.
If you're going to show pricing..you should be lots more accurate - otherwise, what's the point?
  • July 01 2014 - Philadelphia
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Answers (3)

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Thanks so much....
  • July 02 2014
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The Zestimate home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is calculated from public and user submitted data.
  • July 02 2014
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I've seen zestimates 100% off before.  This is only a system that puts out numbers for a general idea.  Real estate is too complex to be able to judge the value from an algorithm.  With small variances in location and finishes changing the price so much it's not possible to calculate the exact value without actually being at the property.  
  • July 02 2014
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