Zillow Advice: Home Buying - Zillow Estimate http://www.zillow.com/advice-thread/Zillow-Estimate/470197/ Zillow Advice | Zillow Real Estate A Zestimate is a computer ... http://www.zillow.com/advice-thread/Zillow-Estimate/470197/ A Zestimate is a computer generated value using public sourced data.&nbsp; It does not take into consideration the condition of a home and certain other features that may add (or detract from)&nbsp; value.&nbsp;&nbsp; Please see <a href="http://www.zillow.com/wikipages/What-is-a-Zestimate/">"what is a Zestimate?"</a>&nbsp;&nbsp; Take into account the value range presented on the home detail page, the 70% confidence interval for the actual market value.&nbsp;&nbsp; It is also a lagging indicator, using sales prices or closings in the last few months (i.e. offers were a couple of months before that)<br/><br/>The bottom line, no, the Zestimate is not a good place to start for an offer.&nbsp; Go the next step as described in the link. <br/><br/><br/><br/> Mon, 03 Dec 2012 04:19:00 GMT http://www.zillow.com/advice-thread/Zillow-Estimate/470197/ 2012-12-03T04:19:00Z