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I recommend looking at the Zestimate, the Redfin estimate, and the three estimates that Realtor provides (CoreLogic, Collateral, and Quantarium). Chances are at least one of these will be off, but if most of them agree on a general range, it should be close to that.
- How accurate is Zestimate on Zillow : r/homeowners - Reddit
The Zestimate on the home I'm buying is 8k under the list...
- Are Zillow's zestimate usually more or less the homes true value - Reddit
The nationwide median error rate for the Zestimate for...
- How accurate is Zestimate on Zillow : r/homeowners - Reddit
The Zestimate on the home I'm buying is 8k under the list price. But my broker pays for a subscription-only data service called Housecanary, and they value the property at 18k OVER the list price. They both have access to the same exact MLS data.
The nationwide median error rate for the Zestimate for on-market homes is 1.9%, while the Zestimate for off-market homes has a median error rate of 6.9%. The Zestimate's accuracy depends on the availability of data in a home's area.
21 Απρ 2021 · The Zestimate for off-market homes has a median error rate of 7.3%. The Redfin Estimate for off-market homes has a median error rate of 6.94%. “The accuracy for an on-the-market home is...
6 Μαρ 2022 · Zestimate Accuracy . Zillow never claims to be 100% accurate. If all the homes within a six-block radius are very similar to each other, a Zillow estimate will be much more accurate, perhaps within 10%, because there are not enough specific variances to throw it off.
27 Απρ 2023 · How accurate is the Zestimate? The nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%. The Zestimate’s accuracy depends on the availability of data in a home’s area.
17 Ιαν 2024 · A Zestimate is free and easy to obtain and allows people to look at an estimated value of a home without having to go through a professional. Home value estimators like Zestimate have become a lot more accurate in recent years, but they aren't a substitute for more accurate valuations.
