Can I rely on some Internet company to appraise the market value of my property in Alcova_heights?
Zillow is a popular website that "gives" automated estimates which purport to calculate the ideal price of every property in the United States. Zillow tries to achieve this this feat by using a fancy algorithm that compares factors which alter home values, but here's a story I have heard from property sellers in Northern Virginia:
![Zillow Is Zillow accurate?](https://nesbittrealty.com/wp-content/uploads/2012/11/zillow.gif)
Our home was recently appraised for 650K. Zillow estimates the value at 521K. The estimate makes us one of the lowest priced homes in the subdivision. We have all upgrades in our home and it is the largest of the homes that were originally built in this subdivision. It was appraised at 750K before 2009. Our home has a basement. Neighbors do not have basement on one side and you appraised higher. Really? -- James E. - Fort Hunt
If you Google the web for the phrase "Can I trust Zillow?" or "Can I trust Z-Estimates" you'll discover many posts by upset homeowners and skeptical home shoppers who have discovered the hard way just out inaccurate Zillow's pricing can be. Many people in Alcova_heights claim that Zillow's valuations have a margin of error of about 20%. Even if we assume the margin of error is only 10%, in Northern Virginia that means a "z-estimate" is only within $50,000 of the actual value. If the margin of error is an astounding 5% that means that a z-estimate is only within $25,000 of the asking price.
Yet Zillow (for now) remains popular with some real estate shoppers. Home sellers and real estate purchasers should understand that there is not a single neighborhood in Alcova_heights where either a bank or tax collector uses Internet for tax assessment or appraisals. Our professional advice is to take estimates from any website at arm’s length. Putting too much reliance into a website can cause a lot of disappointment.
Talk to one of our agents today for a free comparative market analysis of your property's value. We promise that a website won't set the value. Instead, your friendly neighborhood Nesbitt Realty Realtor will take into account the many variables which make up your property's value.
Obtain a free & accurate assessment of your home's market value
by a local experienced professional!
7 Reasons Why Zillow Estimates Are Inaccurate
Seller's Tips & Tools
a handy source for home owners that are thinking of selling real estate in Alcova_heights
- Agents of Nesbitt Realty
- Awards, recognitions and affiliations
- Can I trust Zillow?
- Get a free price analysis!
- Guide to Alcova_heights
- How does Nesbitt Realty market real estate in Alcova_heights?
- Selling Tips and Resources
- We'll Match or Beat Any Commission Structure in Alcova_heights.
- What is a listing agent?
- What's involved in the Sales Process?
- What's the difference between an agent and a broker?
- Where do we work?
- Why choose Nesbitt Realty?
Read more on how we stack up to the competition
Is it time to sell?
Call (703)765-0300 to talk with an agent.
We help sellers in Alcova_heights & surrounds
Our real estate agents appreciate the opportunity to be of service. Thanks for considering us to get the job done.
Sales Process
Helpful information and commonly asked questions about selling your property in Northern Virginia.
Our Agents
Learn more about our friendly neighborhood real estate agents!
Why Nesbitt Realty?
Why choose Nesbitt Realty to sell your real estate in Northern Virginia?
What's my home worth?
Find out your home's value according to a full-time professional agent with no cost or obligation.
The Pricier Side of What Has Recently Sold in Alcova_heights
See more in Focus
Typical Homes that Recently Sold in Alcova_heights
See more in Focus