Here’s why you should take information from Zillow with a grain of salt.
Today we’re going to talk about Zillow’s Zestimates, their accuracy, and why you should take them with a grain of salt.
Frankly, Zillow does a pretty decent job of getting in the ballpark of a home’s value (within 10% to 15%). However, that 10% to 15% is quite a big number, especially in this market. The big problem is that Zillow uses varied data that doesn’t always apply. They use town tax data and national data that sometimes doesn't even apply to Maine. It can really affect your home’s real and perceived value.
"A realtor can give you an accurate estimate of value based on their expert opinion."
The truth is that Zillow has never been in your home so they don’t know what it’s worth. They don’t know what buyers are looking for either.
To fix this problem, you should have a realtor come to your home, do an analysis of your home’s condition, and get an accurate estimate of its value. We’re happy to provide a consultation free of charge and obligation. Reach out to us to schedule an appointment today.
If you have any other real estate-related questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.