| Having over 20 years in the real estate business you have to be very careful using a tool like zillow as a valuation tool It will almost always underprice your ome becasue it works on comparable sales in an area. In an area of tract homes zillow will be most accurate as conformity is reduced the zillow program will skew the valuation of your home in the idrection fo the nearest comparable sales in your area. For intance in a rural area such as mine where you have a combination of manufactured houseing and custom homes the program skews that manufactured housing in the direction of higher pricing and the custom homes are devalued because if the comparable in the area. It may be point to start but it will not necessarily give you a good value. If you are in an area of homes where there has been a lot of recnet sales activity and the homes are all the same you could use Zillow with some degree or reliability othere than that you still have to adjust for the differences. Have fun! |
