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Answers (4)
- Kelly Stack, "kellykennedystack"
- Contributions:81
A zestimate is an estimated value of your property based on the information submitted to Zillow. In order to get the most accurate information you should contact a real estate agent who can give you a competitive market analysis on the property. This will give you the most current and accurate value of your home.
- Joan Small, "jsmall1"
- Contributions:39
A zestimate is a figure that Zillow determines based on data that is entered about the house and compares it to property that has sold. They use a mathematic formular and arrives at a figure You can adjust this zestimate by making sure all your positive feature are carefully edited
- Philip Sencer, "Philip_Chicago"
- Contributions:551
It's an estimate of value based on information gathered from 3rd parties like public documents which are often incomplete and/or inaccurate. At best they are 'generic' and therefore rarely apply closely enough to the property you have to give a 'real time' market value. They are a ball park estimate at best and no buyer serious about any property ever uses it to base an offer on.
what is zestimate?
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