"The Zestimate Was Actually 25% Lower"
How Accurate Is My Zestimate Home Valuation? | The Jill Biggs Group
Have you ever wondered just how accurate Zillow's Zestimate really is when it comes to estimating the value of your home? ๐ ๐ฐ In this video, we delve into the world of Zestimates and break down the factors that influence their accuracy.
๐ What is a Zestimate?
The Zestimate is Zillow's proprietary home valuation model that provides an estimate of a property's market value. By utilizing a mix of public records, Multiple Listing Service (MLS) data, and user-contributed information, Zillow's formula calculates an estimated value. The model also takes into consideration various factors such as property details, location, and current market trends.
๐ How is a Zestimate Calculated?
Discover the intricate details behind the algorithm that powers Zestimates. We'll explain the data sources used, including publicly available records and user-generated data, and how these inputs are processed to generate an estimate. Uncover the role of MLS data and how it contributes to refining the accuracy of the Zestimate...


