Can I rely on some Internet company to calculate the sales price of my property in Fleetwood At Slate Run?
Zillow is a billion-dollar Internet marketer that "gives" "z-estimates" that claim to calculate the sales value of each property in the United States. Zillow tries to achieve this this task by using a complicated logarithm that compares factors which alter home values, but here's a typical story I have heard from home sellers in Northern Virginia:
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 search the Internet for the phrase "Can I trust Zillow?" or "Can I trust Z-Estimates" you'll find many testimonials by angry homeowners and leery home buyers who have discovered the hard way just out inaccurate Zillow's pricing can be. Many people in Fleetwood At Slate Run say that Zillow's valuations have a margin of error of around 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 ideal price. If the margin of error is an improbable 5% that means that a z-estimate is only within $25,000 of the asking price.
Yet Zillow still remains popular with some real estate shoppers. Property owners and home shoppers should understand that there is not a single neighborhood in Fleetwood At Slate Run where either a mortgage lender or tax collector uses Zillow for tax assessment or appraisals. Our professional advice is to take "valuations" from any website at arm’s length. Putting too much reliance into a computer can cause a great deal of irration.
Email Nesbitt Realty today for a free comparative market analysis of your property's worth. We promise that a computer won't set the market value. Instead, your friendly neighborhood Nesbitt Realty real estate pro will measure the complicated variables which make up your home's sales 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 property owners that are considering selling real estate in Fleetwood At Slate Run
- Agents of Nesbitt Realty
- Awards, recognitions and affiliations
- Can I trust Zillow?
- Get a free price analysis!
- Guide to Fleetwood At Slate Run
- How does Nesbitt Realty market real estate in Fleetwood At Slate Run?
- Selling Tips and Resources
- We'll Match or Beat Any Commission Structure in Fleetwood At Slate Run.
- 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?
We help sellers in Fleetwood At Slate Run & surrounds
Our real estate agents are dedicated to excellence and are required to continue their education after licensing.
Recently Sold in Upper End of the Market in Fleetwood At Slate Run
See more in Focus
Recently Sold In the Middle of the Market in Fleetwood At Slate Run
See more in Focus