{"id":204790,"date":"2023-11-29T03:05:06","date_gmt":"2023-11-29T03:05:06","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/"},"modified":"2023-11-29T03:05:06","modified_gmt":"2023-11-29T03:05:06","slug":"how-close-is-zillow-to-appraisal","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/","title":{"rendered":"How close is Zillow to appraisal?"},"content":{"rendered":"<p>Zillow, the popular real estate website, has revolutionized how people buy and sell homes. One of the key features of Zillow is its Zestimate, an estimate of a home&#8217;s value based on a variety of factors. But how close is Zillow to the appraisal value of a home? <\/p>\n<p><strong>The answer is: Zillow is not as close to an appraisal as some may think.<\/strong> While the Zestimate can be a useful starting point, it should not be considered a replacement for an official appraisal done by a licensed appraiser. Appraisals take into account a wide range of factors that Zillow&#8217;s algorithm may not capture accurately, such as the condition of the property, recent renovations, and unique features that can affect the value of a home.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#FAQs_about_Zillow_and_home_appraisals\" title=\"FAQs about Zillow and home appraisals\">FAQs about Zillow and home appraisals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#1_Can_I_trust_Zillows_Zestimate_when_buying_or_selling_a_home\" title=\"1. Can I trust Zillow&#8217;s Zestimate when buying or selling a home?\">1. Can I trust Zillow&#8217;s Zestimate when buying or selling a home?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#2_How_does_Zillow_come_up_with_its_Zestimate\" title=\"2. How does Zillow come up with its Zestimate?\">2. How does Zillow come up with its Zestimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#3_Does_Zillow_update_its_Zestimates_regularly\" title=\"3. Does Zillow update its Zestimates regularly?\">3. Does Zillow update its Zestimates regularly?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#4_Why_is_there_sometimes_a_big_difference_between_Zillows_Zestimate_and_the_actual_appraisal_value\" title=\"4. Why is there sometimes a big difference between Zillow&#8217;s Zestimate and the actual appraisal value?\">4. Why is there sometimes a big difference between Zillow&#8217;s Zestimate and the actual appraisal value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#5_Can_I_use_Zillows_Zestimate_to_dispute_a_low_appraisal\" title=\"5. Can I use Zillow&#8217;s Zestimate to dispute a low appraisal?\">5. Can I use Zillow&#8217;s Zestimate to dispute a low appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#6_Are_there_any_legal_consequences_to_relying_solely_on_Zillows_Zestimate_for_a_home_valuation\" title=\"6. Are there any legal consequences to relying solely on Zillow&#8217;s Zestimate for a home valuation?\">6. Are there any legal consequences to relying solely on Zillow&#8217;s Zestimate for a home valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#7_Is_Zillows_Zestimate_ever_accurate\" title=\"7. Is Zillow&#8217;s Zestimate ever accurate?\">7. Is Zillow&#8217;s Zestimate ever accurate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#8_Can_I_improve_the_accuracy_of_Zillows_Zestimate_for_my_home\" title=\"8. Can I improve the accuracy of Zillow&#8217;s Zestimate for my home?\">8. Can I improve the accuracy of Zillow&#8217;s Zestimate for my home?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#9_Does_Zillow_take_into_account_the_unique_features_of_a_home_when_calculating_its_Zestimate\" title=\"9. Does Zillow take into account the unique features of a home when calculating its Zestimate?\">9. Does Zillow take into account the unique features of a home when calculating its Zestimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#10_Can_Zillows_Zestimate_be_influenced_by_external_factors_such_as_the_state_of_the_economy\" title=\"10. Can Zillow&#8217;s Zestimate be influenced by external factors, such as the state of the economy?\">10. Can Zillow&#8217;s Zestimate be influenced by external factors, such as the state of the economy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#11_Are_there_any_other_online_tools_that_are_more_accurate_than_Zillows_Zestimate\" title=\"11. Are there any other online tools that are more accurate than Zillow&#8217;s Zestimate?\">11. Are there any other online tools that are more accurate than Zillow&#8217;s Zestimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#12_Can_Zillows_Zestimate_be_used_as_a_bargaining_tool_during_negotiations_for_a_home_sale\" title=\"12. Can Zillow&#8217;s Zestimate be used as a bargaining tool during negotiations for a home sale?\">12. Can Zillow&#8217;s Zestimate be used as a bargaining tool during negotiations for a home sale?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_Zillow_and_home_appraisals\"><\/span>FAQs about Zillow and home appraisals<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_trust_Zillows_Zestimate_when_buying_or_selling_a_home\"><\/span>1. Can I trust Zillow&#8217;s Zestimate when buying or selling a home?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile the Zestimate can give you a rough idea of a home&#8217;s value, it&#8217;s always best to consult with a real estate agent and get a professional appraisal before making any decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_does_Zillow_come_up_with_its_Zestimate\"><\/span>2. How does Zillow come up with its Zestimate?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow uses a proprietary algorithm that takes into account public data, such as recent sales in the area, property characteristics, and market trends to estimate a home&#8217;s value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Does_Zillow_update_its_Zestimates_regularly\"><\/span>3. Does Zillow update its Zestimates regularly?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow updates its Zestimates regularly to reflect changes in the market and new data that becomes available.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Why_is_there_sometimes_a_big_difference_between_Zillows_Zestimate_and_the_actual_appraisal_value\"><\/span>4. Why is there sometimes a big difference between Zillow&#8217;s Zestimate and the actual appraisal value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s algorithm may not always capture all the factors that can affect a home&#8217;s value, leading to discrepancies between the Zestimate and an official appraisal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_I_use_Zillows_Zestimate_to_dispute_a_low_appraisal\"><\/span>5. Can I use Zillow&#8217;s Zestimate to dispute a low appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile you can certainly bring up your Zestimate as a point of reference, it may not hold much weight when disputing a low appraisal done by a licensed appraiser.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Are_there_any_legal_consequences_to_relying_solely_on_Zillows_Zestimate_for_a_home_valuation\"><\/span>6. Are there any legal consequences to relying solely on Zillow&#8217;s Zestimate for a home valuation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nRelying solely on Zillow&#8217;s Zestimate without getting a professional appraisal can lead to potential legal issues if the estimated value significantly differs from the actual value of the home.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Is_Zillows_Zestimate_ever_accurate\"><\/span>7. Is Zillow&#8217;s Zestimate ever accurate?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s Zestimate can be accurate in some cases, especially for homes with standard features and in stable markets. However, it&#8217;s always best to get a professional appraisal for a more accurate estimate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_I_improve_the_accuracy_of_Zillows_Zestimate_for_my_home\"><\/span>8. Can I improve the accuracy of Zillow&#8217;s Zestimate for my home?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYou can improve the accuracy of Zillow&#8217;s Zestimate for your home by updating the information on your property, such as recent renovations or upgrades, which can impact the value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Does_Zillow_take_into_account_the_unique_features_of_a_home_when_calculating_its_Zestimate\"><\/span>9. Does Zillow take into account the unique features of a home when calculating its Zestimate?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s algorithm may not always capture the unique features of a home that can affect its value, such as a pool, a view, or high-end finishes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_Zillows_Zestimate_be_influenced_by_external_factors_such_as_the_state_of_the_economy\"><\/span>10. Can Zillow&#8217;s Zestimate be influenced by external factors, such as the state of the economy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s Zestimate can be influenced by external factors, such as changes in the local economy or housing market trends, which can impact the estimated value of a home.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Are_there_any_other_online_tools_that_are_more_accurate_than_Zillows_Zestimate\"><\/span>11. Are there any other online tools that are more accurate than Zillow&#8217;s Zestimate?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThere are other online tools available that provide home valuations, such as Redfin and Realtor.com, which may sometimes offer more accurate estimates than Zillow&#8217;s Zestimate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_Zillows_Zestimate_be_used_as_a_bargaining_tool_during_negotiations_for_a_home_sale\"><\/span>12. Can Zillow&#8217;s Zestimate be used as a bargaining tool during negotiations for a home sale?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile you can use Zillow&#8217;s Zestimate as a reference point during negotiations, it&#8217;s always best to rely on a professional appraisal to determine the true value of a home and make informed decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zillow, the popular real estate website, has revolutionized how people buy and sell homes. One of the key features of Zillow is its Zestimate, an estimate of a home&#8217;s value based on a variety of factors. But how close is Zillow to the appraisal value of a home? The answer is: Zillow is not as &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How close is Zillow to appraisal?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-appraisal\/#more-204790\">Read more<span class=\"screen-reader-text\">How close is Zillow to appraisal?<\/span><\/a><\/p>\n","protected":false},"author":52,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-204790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How close is Zillow to appraisal?<\/title>\n<meta name=\"description\" content=\"Zillow, the popular real estate website, has revolutionized how people buy and sell homes. 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