You see, Zillow is an algorithm and they get their information from public data. Zillow has never seen the inside of your home and Zillow is a computer. It’s basing the price of your home based upon what the neighbors are doing. It’s basically the exact same thing as marrying someone based upon their friends. Zillow comes up with the value based upon what your neighbors are selling for. They look at things like the size of the home, how many bedrooms it has, how many bathrooms, and they compare them to your neighbors, but they cannot take into consideration major things like upgrades, views, location, amenities, the desirability of the market and the climate.

A computer cannot take those major features into consideration when giving you a value or an estimate, and all these factors have a huge impact on the value of your home and what you actually should list it for. When you take a detailed look, not only the comparables, but also what the absorption rate is as well as many other factors when determining what to list your home for. You have to consider inventory levels, buyer demand and interest rates. Relying on Zillow for the value of your home is the exact same thing as relying on a picture when choosing your mate. Maybe you should have swiped left instead of right! So call a Professional that has the experience and the ability to assess the value of your home based upon taking everything into consideration, not just the things that they can see. And if you’re running a more accurate analysis of the value of your home, call us! We can get you a custom market proposal from a real live person who lives, works, and breathes real estate full time.

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