Today, on GoStGeorgeTV, we’re going to answer the question: “Can I trust the Zillow home price estimate?”

Zillow has become a wildly popular online tool to get a quick estimated value of home values. We estimate that eight out of ten Sellers we work with first go to Zillow to get an initial estimate for their home. With so many users, so many millions of homes, and having those homes spread across the entire United States, is it possible that the site could have inaccurate estimates? We’ll take a look at the three traditional values for a home and compare them with the Zillow value. 

1. The first value is the assessed value.

2. The second value is the appraised value.

3. The third value is the market value.

 

Have specific questions about your own real estate purchase or selling situation? We'd love to answer them! Contact us at larkingroup@gostgeorge.com or 435-767-9821. Your confidentiality will ALWAYS be protected!