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Jennifer Riley

Answers by Jennifer Riley

1 answers · 5 pts

How accurate are Zestimates?

Asked by Michael | Scottsdale, AZ | 01-23-2024

Jennifer Riley
Jennifer Riley02-07-2024 (2 years ago)

A zestimate could very well be close to your estimated value. However, home value estimations made by any automated national site is based on data being used across the country and is not necessarily relevant to your local market. I would highly recommend finding a local agent to do a home value report based on the local market where the home is in order to determine a more accurate value estimation. At the end of the day market value is ultimately determined by, what the consumer is willing to pay for the home. This varies drastically from place to place.