Studies have shown that ZIllow Zestimates are not as reliable as people think. According to this most recent study, their estimates are off by as much as 42% in some areas. While everyone likes a good bargain, the basis for making such decisions should be based on fact, which include recent homes sales, comparables and improvements that add value to a home. While the real estate market is a numbers game, it is also based on the condition of the home and other factors that Zillow does not include in its calculations.
The following link will explain in further detail how Zillow has impacted the real estate market and it's not for the better. If you are buying or selling a home, use a real estate professional and get the real value behind the price of a home.
DREAMING OF BUYING A HOME? WHAT YOU NEED TO KNOW BEFORE YOU
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