Here’s the truth about why you shouldn't put 100% of your faith in Zillow.
Do you want to find the true value of your home? You might consider using an online home estimate, like Zillow, but I have to advise against it.
Here’s the truth: Zillow, and similar tools, are algorithms that determine the value of your home based on generalizations. They’ve never seen your home, and they don’t know its unique features.
In reality, real estate is what experts call hyper-local. That means that while Zillow might consider two homes of a similar size a few blocks apart to be practically identical, that isn’t how things play out in practice. One home could have structural damage, while the other might have been completely renovated within the last year. Plus, even a difference of a few blocks can have a huge impact on home values in certain neighborhoods.
At the end of the day, the best way to find the true value of your home is to reach out to a local market expert. If you are curious about what your home is worth or have any other questions, please call or email me. I am always willing to help!