Zillow Advice: Home Buying - What is meant by estimate? http://www.zillow.com/advice-thread/What-is-meant-by-estimate/528405/ Zillow Advice | Zillow Real Estate See the Wikipedia entry on ... http://www.zillow.com/advice-thread/What-is-meant-by-estimate/528405/ See the Wikipedia entry on the word "<a href="http://en.wikipedia.org/wiki/Estimate" rel="nofollow">estimate</a>"... it is fairly informative.&nbsp; It is not a "quote" like you would get from an automobile mechanic.<br/><br/>Also see Zillow's FAQ on their <a href="http://www.zillow.com/wikipages/What-is-a-Zestimate/">Zestimate</a>.&nbsp; Zillow's machine generated estimates are not appraisals.<br/><br/>I know they were supposed to teach estimating methods in elementary school, and that many have tried their hand at the jar-contents estimation at fairs, but it still seems to be an art that few Americans understand nor have mastered.<br/><img src="http://upload.wikimedia.org/wikipedia/commons/thumb/1/1f/Candy_corn_contest_jar.jpg/400px-Candy_corn_contest_jar.jpg"/><br/> Fri, 14 Feb 2014 01:59:00 GMT http://www.zillow.com/advice-thread/What-is-meant-by-estimate/528405/ 2014-02-14T01:59:00Z