Facts on Zestimate
Here is a great article written by another Real Estate Agent who looked into that Zillow Estimate some people use. I prefer to use a half mile radius around the subject properly that shows all the SOLD units within the past few months, and the active units. Than it is only a matter of taking a look at the size of the properties, lot size, special features, condition based on the pictures, and the prices. That is accurate and up to date information. Not a guess formulated by outdated information and the best guess written by a computer programmer from who knows where. What do they really know about the local market you are selling or buying in?
This article contains some facts in Zextimate that may shock you.
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