{"id":205784,"date":"2024-10-16T12:55:49","date_gmt":"2024-10-16T12:55:49","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-close-are-zestimates-to-appraisal\/"},"modified":"2024-10-16T12:55:49","modified_gmt":"2024-10-16T12:55:49","slug":"how-close-are-zestimates-to-appraisal","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-close-are-zestimates-to-appraisal\/","title":{"rendered":"How close are Zestimates to appraisal?"},"content":{"rendered":"

When it comes to estimating the value of a property, many homeowners turn to Zestimates provided by Zillow. Zestimates are calculated using an algorithm that takes into account various factors such as location, square footage, and recent sales in the area. But how close are Zestimates to an actual appraisal conducted by a professional appraiser? <\/p>\n

The answer is that Zestimates can be a helpful starting point, but they are not a substitute for a thorough appraisal. In some cases, Zestimates can be off by 10% or more from the actual appraised value of a property. <\/b> <\/p>\n

Appraisals are conducted by licensed professionals who take a comprehensive look at a property, considering factors that an algorithm may not be able to capture. These factors can include the condition of the property, unique features, and recent upgrades.<\/p>\n

So while Zestimates can give you a rough idea of what your property might be worth, it’s important to remember that they are just that – estimates. If you are looking to buy or sell a property, it’s always best to get a professional appraisal to get a more accurate and reliable value.<\/p>\n

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