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A Zestimate is Zillow’s estimated market value for a home, computed using a proprietary formula including public and user-submitted data, such as details about a home (bedrooms, bathrooms, home age, etc.), location, property tax assessment information and sales histories of the subject home as well as other homes that have recently sold in the area.
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Zillow, Inc. holds real estate brokerage licenses in...
- Zestimates
The Zestimate® home valuation model is Zillow’s estimate of...
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The Zestimate® home valuation model is Zillow’s estimate of a home's market value. The Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula. It also takes into account home facts, location and market trends. It is not an appraisal and can't be used in place of an appraisal.
Nov 26, 2021 · Zestimates are home valuations determined by a secret combination of public and user-submitted data. The feature is always what set Zillow apart from competitors. Here's a look at the tool's history.
- Taylor Borden
6 months ago. Updated. The Zestimate’s accuracy depends on location and the availability of data in an area. Some areas have more detailed home information available — such as square footage and number of bedrooms or bathrooms — and other areas do not. The more data available, the more accurate the Zestimate value will be.
Zestimates. What is a Zestimate® home value? How accurate is the Zestimate®? Can the Zestimate® be updated? Does Zillow delete Zestimates? Can I have my Zestimate reviewed if I believe there are errors? What is a Zestimate Market Analysis?
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