How Accurate is the Zillow Zestimate?
Homeowners often look to Zestimate, Zillow’s proprietary algorithm that estimates a home’s market value, to see the equity accrued in their home. Sellers may use it in pricing the sale of their home, while homebuyers may eye Zillow’s Zestimate when developing their offer. Zestimate is a quick and easy way to find out the value of real estate, but how accurate is it?