A 6 min. read by Jason Gelios REALTOR®
Many home owners and sellers ask me this question about the Zillow Zestimate feature on Zillow.com. In this brief article I share some of the things that Zillow takes into consideration when presenting a home value on their website.
Here are 6 things that Zillow uses to calculate a Zestimate.
The bottom line: Zillow’s Zestimate feature is a rough estimate of your home’s value. It should never be construed as a definite value. A homes value is subjective; meaning it is a matter of opinion by the appraiser or value calculator. There is no perfect way to get a home value. The best way to gain you’re homes value is by hiring an appraiser or having a REALTOR® do the homework to come up with a home value for that moment in time.
Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and an Expert Media Contributor.