Can You Rely on Automated Home Values?
Posted by Betty Gales on
Are automated home values really all that reliable? Find out today.
Most people are familiar with Zillow’s Zestimate tool, which generates an estimated home value based on public data. But therein lies the problem; Zillow might factor in a home’s square footage, general location, and appearance, but they don’t know everything that factors into a home’s value.
For example, they might know where the home is located, but they don’t know where on a particular street it is and whether that spot provides an ocean view that would boost a home’s value. They also can’t factor in any upgrades you’ve made to the property.
"Automated home valuation tools don’t know everything about your home that affects its value."
Today’s market is…
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