Zillow Advice: Refinance - Mortgage http://www.zillow.com/advice-thread/Mortgage/459820/ Zillow Advice | Zillow Real Estate the zillow value has no meaning ... http://www.zillow.com/advice-thread/Mortgage/459820/ the zillow value has no meaning for this purpose.&nbsp; an appraisal will be what the lender uses for the refi.&nbsp;&nbsp; If you want a better guess of the value to see if an appraisal will work pick a local agent and pay them $50 for their time to do a CMA to help you decide if you want to pursue the refi because the refi will cost you an appraisal- if the CMA indicates it won't be worthwhile, that $50 saved you from spending the $500 for the appraisal<br/><br/>dont bother with a "free" cma from an agent, if they aren't getting paid their motivation is because you might want to list it someday etc.&nbsp; so you can't trust that value as much if you just pay someone for their time and honest opinion. Thu, 13 Sep 2012 21:20:00 GMT http://www.zillow.com/advice-thread/Mortgage/459820/ 2012-09-13T21:20:00Z