Profile picture for Danielle Pierce

Danielle Pierce

Agent

Managing Broker, None (9 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Foreclosure

Advice

  • (7 Contributions,
  • 0 Best Answers,
  • 1 Helpful)

Contributions are sorted newest to oldest.

1st question, are the prices zillow gives on the houses accurate?

Answer

No, pricing on Zillow is almost never spot on, in my experience. Different options will typically yield a difference in price. This can also vary based on the location as well. For example, identical homes located on the north and south sides of the city will yield different pricing.Hope this helps!

  (0)
what is the value of my house?

Answer

As great as Zillow is and other websites like it, there really is no substitute for working with a competent real estate professional. You need to call your agent and request a Comparative Market Analysis (CMA). It is no charge to you and any good Agent can get you one within 24 hours. Keep in mind that anything you receive from Zillow is merely a "zestimate." Sometimes they are accurate, but they are often not the best determination of value. I hope this helps!Email me at: info@daniellepierce.com for more questions.

  (0)
How do I get a relative market value for my house?

Answer

In addition to the information provided by the previous answer, you also want to make sure that you are getting true comparables. For example, if you have a brick raised ranch, all comps should be brick raised ranches within a .5 mile radius preferably. Finally, if they are sold comparables, they should be no older than 6 months.

  (0)
how do I find market value of homes not for sale on zillow

Answer

First of all, I would not rely 100% on Zillow for market value. It is ONLY a guide. I have seen huge discrepancies between "Zestimates" and actual market value. Just call a GOOD local Realtor and ask for a Comparative Market Analysis (CMA). Make sure all sold comps are no older than 3 months if possible and within a .5 mile radius. Also exterior construction and property style should be the same or very close. If you need one prepared, just call me directly at 773.551.4769. Best of Luck

  (0)
How much is my home worth?

Answer

The easiest, most cost effective way to find this out is to contact a Realtor and ask to have a CMA (comparative market analysis) completed. Not all CMA's are created equal, so you want to make sure that they compare apples to apples. The comps should be no older than 3 months, within a .5 mile radius. Hope this helps! Call me anytime with additional questions.

  (0)
ZESTIMATE ACCURANCY NOT SO GOOD

Response

You bring up a good point. The information you receive here should not be taken as gospel. The best way to determine value is to contact a Realtor and have them prepare a CMA for you, for sold properties within the last3 months, within a .5 mile radius. They should also be similar in exterior construction and type of home. Hope this helps!

  (0)