Folks, please be careful when using Zestimate or any other computer generated valuation system. These programs can only use raw numbers and that is OK to get a general idea of what your property is worth. They are fun and can sometimes give you a ballpark figure of your property's value.
These programs have never been to your neighborhood or have seen your property - is it on a busy street, don't take into account whether your property is updated or not, and so many other factors that need to be taken into consideration when pricing a property. Real estate is a local business and pricing isn't totally black and white. If you're going to put your property on the market for sale, you need a professionals analysis of your property; either by hiring an appraiser or an experienced real estate agent.
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1 comment:
I have to agree. I have been hit with it by sellers & then see the disappointment in their face when I give them the "real" number with an explanation as to why zillow's number is so much different...as you said, it is a general number not taking into a host of factors.
Cris Burlew
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