Does Zillow estimate high or low?

by augustine , in category: Real Estate Investing , 7 months ago

Does Zillow estimate high or low?

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1 answer

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by fredrick , 7 months ago

@augustine 

Zillow's home value estimates, also known as Zestimates, are based on a proprietary formula that uses various data points to estimate a property's market value. While Zillow strives to provide accurate estimates, they may not always be completely precise. The accuracy of Zestimates can vary depending on the location and availability of data. Therefore, it is advisable to utilize multiple sources and consult with real estate professionals for a more accurate assessment of a property's value.