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Around 2006 or so, Zillow started to make an impact on the real estate world. Nowadays, there are many websites that provide a wealth of information about the real estate market. While Zillow is a great tool and resource, you should be wary of the information you find there.
It's great that information is more
accessible than ever before, but you need to be aware that not everything you see online is accurate. Zillow's Zestimate is notoriously inaccurate (can be off by up to 18%) and it should not be used to determine the sale price of your home.
Sometimes the results are accurate, but a lot of the time they are wildly inaccurate. These algorithms don't take into account comparable properties or updates made to the homes that would otherwise improve the value. Subjective information like curb appeal and the interior design are not factored in, and this is why valuations should only be used as tools, not as measuring sticks for a selling price.
If you need accurate information about your home's value, please contact me or go to the website below to find your home value.
As always, if you ever need assistance with real estate in St Cloud, please don't hesitate to contact me!
It's great that information is more
accessible than ever before, but you need to be aware that not everything you see online is accurate. Zillow's Zestimate is notoriously inaccurate (can be off by up to 18%) and it should not be used to determine the sale price of your home. Sometimes the results are accurate, but a lot of the time they are wildly inaccurate. These algorithms don't take into account comparable properties or updates made to the homes that would otherwise improve the value. Subjective information like curb appeal and the interior design are not factored in, and this is why valuations should only be used as tools, not as measuring sticks for a selling price.
If you need accurate information about your home's value, please contact me or go to the website below to find your home value.
As always, if you ever need assistance with real estate in St Cloud, please don't hesitate to contact me!
