How Accurate Are Zillow's Home Valuations?

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The discussion centers around the use of Zillow for instant home valuations and data on over 60 million properties. Users express mixed experiences with the accuracy of the information provided, noting that while Zillow correctly identified some properties, it often lists assessed values that fall below market value and may not account for unique features like pools. There are concerns about inaccuracies in square footage and overall valuation estimates. Users find Zillow useful for quick comparisons using satellite maps, but some express skepticism regarding the reliability of the valuations, suggesting that personal assessments from real estate professionals may provide more accurate insights. Overall, the platform is seen as a helpful reference tool, albeit with limitations in precision.
Ivan Seeking
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"Instant valuation and data for 60,000,000+ homes"
http://zillow.com/
 
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They have nothing in my zipcode, not surprising.
 
They got my house correct. I was amazed! :smile:
 
I think they have whatever homes are in their database. They have mine listed with data from the tax records, and the price is the assessed value, which is under the market value, and they have the wrong square footage. :rolleyes: So this stuff is just for reference.
 
good link thanks

makes for a quick and eazy comp finder with the sat map

it got my house value a little low
does not add value for things like my big pool
 
The hell this house is worth $350,000. Maybe $250...

And the house on the street south of us at the corner.. they say $900,000... I say $1.2 million probably. Hey my mothers a real estate agent, why not ask her and we'll see how this site compares.

haha, "Construction quality: 8". I guess this scales out of 100
 
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