Zestimate

Let’s just say you had a really good idea of what they look like or how they work. Right? But you never really spoke to them and you’ve never really seen them. Would you marry them? No way! Me either. That’s sort of like trusting Zillow to value your home. You see, Zillow is an algorithm based on public data. Zillow has never seen the inside of your home. It’s a computer. Zillow comes up with the value based upon what your neighbors are selling for. They look at things like size, bedrooms, bathrooms, et cetera, and they compare them to your neighbors. But things that they can not take into consideration are upgrades, views, location, if you’re in a court, whether you own solar, et cetera, and all of these factors have a huge impact on the value of your home. Zillow even acknowledges their lack of accuracy, stating that in the United States, as a whole, Zestimates are currently within 10% of the final sale price only 71.5% of the time, and they encourage you to get a more accurate evaluation by a licensed realtor or appraiser.

               That’s why you need my team and I. We live and play in this area, and I’ve sold more homes than any other agent around here and more homes than most agents in the nation. Here’s an example of a few costly mistakes that could have been made if our past sellers relied on Zillow’s Zestimate.

               This one is on Spanish Bay in Brentwood. The Zestimate was $845,553, and we are listing it right now for $1,195,000. That’s almost a $350,000 difference. You could buy another house almost with the difference. And what about Jonathan Terrace in Brentwood? The Zestimate was 939,000, and we sold it for 1.18 million. That’s $241,000 difference in their favor. And lastly, 2597 Camelback. The Zestimate was 789,000, and we sold it for 815,000. That’s $26,000. You can buy a car for that difference.

               So what’s the Zestimate? Call a professional that has the experience, the ability to assess and value your home based upon taking everything into consideration, not just what they can see. So give us a call and click below, and we’ll give you a custom marketing proposal from a real live person. And as always, make it a great home selling and buying day.

-Krista Mashore,

Owner and Broker – Homes by Krista

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