What is Zillow & What is a “zestimate?
Have you tried zillow.com yet? This is a free website that lets you get a zestimate which is an automated estimate of value of your home. You can try this from here on our web site. You simply type in your address and instant gratification. It’s a nice tool but frequently not very accurate. It does allow you to see other properties around you that have sold.
A “zestimate” would be more useful in areas with big subdivisions of similar homes or in a condo complex. It’s not going to know and adjust for such things as a great ocean view, or upgrades to your home.
This can be a good tool for buyers also if you are interested in a specific neighborhood.