{"id":205819,"date":"2023-11-03T12:15:37","date_gmt":"2023-11-03T12:15:37","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-actual-appraisal\/"},"modified":"2023-11-03T12:15:37","modified_gmt":"2023-11-03T12:15:37","slug":"how-close-is-zillow-to-actual-appraisal","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-actual-appraisal\/","title":{"rendered":"How close is Zillow to actual appraisal?"},"content":{"rendered":"<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-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-actual-appraisal\/#How_close_is_Zillow_to_actual_appraisal\" title=\"How close is Zillow to actual appraisal?\">How close is Zillow to actual appraisal?<\/a><ul class='ez-toc-list-level-3' ><li class='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-actual-appraisal\/#FAQs_about_Zillow_estimates_and_actual_appraisals\" title=\"FAQs about Zillow estimates and actual appraisals:\">FAQs about Zillow estimates and actual appraisals:<\/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-actual-appraisal\/#1_Can_I_trust_Zillows_Zestimate_as_an_accurate_appraisal_of_my_homes_value\" title=\"1. Can I trust Zillow&#8217;s Zestimate as an accurate appraisal of my home&#8217;s value?\">1. Can I trust Zillow&#8217;s Zestimate as an accurate appraisal of my home&#8217;s value?<\/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-actual-appraisal\/#2_How_does_Zillow_calculate_its_Zestimates\" title=\"2. How does Zillow calculate its Zestimates?\">2. How does Zillow calculate its Zestimates?<\/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-actual-appraisal\/#3_Are_Zillows_Zestimates_updated_regularly\" title=\"3. Are Zillow&#8217;s Zestimates updated regularly?\">3. Are Zillow&#8217;s Zestimates updated regularly?<\/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-actual-appraisal\/#4_Why_might_there_be_a_discrepancy_between_Zillows_Zestimate_and_an_actual_appraisal\" title=\"4. Why might there be a discrepancy between Zillow&#8217;s Zestimate and an actual appraisal?\">4. Why might there be a discrepancy between Zillow&#8217;s Zestimate and an actual 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-actual-appraisal\/#5_Can_I_use_a_Zestimate_instead_of_getting_a_professional_appraisal_when_buying_or_selling_a_home\" title=\"5. Can I use a Zestimate instead of getting a professional appraisal when buying or selling a home?\">5. Can I use a Zestimate instead of getting a professional appraisal 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-8\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-actual-appraisal\/#6_Are_Zillows_Zestimates_always_too_low_or_too_high_compared_to_actual_appraisals\" title=\"6. Are Zillow&#8217;s Zestimates always too low or too high compared to actual appraisals?\">6. Are Zillow&#8217;s Zestimates always too low or too high compared to actual appraisals?<\/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-actual-appraisal\/#7_How_can_I_improve_the_accuracy_of_a_Zestimate_for_my_home\" title=\"7. How can I improve the accuracy of a Zestimate for my home?\">7. How can I improve the accuracy of a 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-actual-appraisal\/#8_Do_real_estate_professionals_rely_on_Zillows_Zestimates_when_working_with_clients\" title=\"8. Do real estate professionals rely on Zillow&#8217;s Zestimates when working with clients?\">8. Do real estate professionals rely on Zillow&#8217;s Zestimates when working with clients?<\/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-actual-appraisal\/#9_Are_Zillows_Zestimates_used_by_mortgage_lenders_when_determining_a_homes_value\" title=\"9. Are Zillow&#8217;s Zestimates used by mortgage lenders when determining a home&#8217;s value?\">9. Are Zillow&#8217;s Zestimates used by mortgage lenders when determining a home&#8217;s value?<\/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-actual-appraisal\/#10_Can_Zillows_Zestimates_be_impacted_by_inaccuracies_in_the_data_used_to_calculate_them\" title=\"10. Can Zillow&#8217;s Zestimates be impacted by inaccuracies in the data used to calculate them?\">10. Can Zillow&#8217;s Zestimates be impacted by inaccuracies in the data used to calculate them?<\/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-actual-appraisal\/#11_How_can_I_dispute_a_Zillow_Zestimate_if_I_believe_it_is_inaccurate\" title=\"11. How can I dispute a Zillow Zestimate if I believe it is inaccurate?\">11. How can I dispute a Zillow Zestimate if I believe it is inaccurate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-actual-appraisal\/#12_Are_Zillows_Zestimates_affected_by_changes_in_the_real_estate_market\" title=\"12. Are Zillow&#8217;s Zestimates affected by changes in the real estate market?\">12. Are Zillow&#8217;s Zestimates affected by changes in the real estate market?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_close_is_Zillow_to_actual_appraisal\"><\/span>How close is Zillow to actual appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Zillow is a popular online real estate marketplace that provides estimates, known as Zestimates, for the value of homes. Many people wonder just how accurate these estimates are compared to an actual appraisal done by a professional appraiser. The answer to the question of how close Zillow is to actual appraisal is that it can vary.<\/p>\n<p>Zillow uses a complex algorithm to calculate its estimate of a home&#8217;s value based on a variety of factors such as location, size, condition, and recent sales in the area. While Zestimates can provide a general idea of a home&#8217;s worth, they are not always as precise as a professional appraisal. Factors such as unique features of a home or recent upgrades may not be accurately reflected in a Zestimate.<\/p>\n<p>It&#8217;s important to keep in mind that Zillow is not a substitute for a professional appraisal when it comes to determining the value of a home. While Zestimates can be a helpful starting point, they should not be relied upon as the final word on a home&#8217;s value. For a more accurate assessment, it&#8217;s recommended to consult with a licensed appraiser who can provide a thorough evaluation of the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_Zillow_estimates_and_actual_appraisals\"><\/span>FAQs about Zillow estimates and actual appraisals:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_trust_Zillows_Zestimate_as_an_accurate_appraisal_of_my_homes_value\"><\/span>1. Can I trust Zillow&#8217;s Zestimate as an accurate appraisal of my home&#8217;s value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s Zestimates can give you a general idea of your home&#8217;s worth, but they may not always be as exact as a professional appraisal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_does_Zillow_calculate_its_Zestimates\"><\/span>2. How does Zillow calculate its Zestimates?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow uses data such as recent sales in the area, property characteristics, and market trends to calculate its estimates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Are_Zillows_Zestimates_updated_regularly\"><\/span>3. Are Zillow&#8217;s Zestimates updated regularly?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow updates its Zestimates on a daily basis to reflect changes in the market.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Why_might_there_be_a_discrepancy_between_Zillows_Zestimate_and_an_actual_appraisal\"><\/span>4. Why might there be a discrepancy between Zillow&#8217;s Zestimate and an actual appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFactors such as unique features of a home, recent upgrades, or market conditions may not be accurately reflected in a Zestimate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_I_use_a_Zestimate_instead_of_getting_a_professional_appraisal_when_buying_or_selling_a_home\"><\/span>5. Can I use a Zestimate instead of getting a professional appraisal when buying or selling a home?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt&#8217;s recommended to get a professional appraisal when buying or selling a home to ensure an accurate assessment of the property&#8217;s value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Are_Zillows_Zestimates_always_too_low_or_too_high_compared_to_actual_appraisals\"><\/span>6. Are Zillow&#8217;s Zestimates always too low or too high compared to actual appraisals?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s Zestimates can vary in accuracy depending on the property and market conditions, so they may not always be too low or too high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_How_can_I_improve_the_accuracy_of_a_Zestimate_for_my_home\"><\/span>7. How can I improve the accuracy of a Zestimate for my home?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYou can update your home&#8217;s information on Zillow, such as recent renovations or upgrades, to help improve the accuracy of the Zestimate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Do_real_estate_professionals_rely_on_Zillows_Zestimates_when_working_with_clients\"><\/span>8. Do real estate professionals rely on Zillow&#8217;s Zestimates when working with clients?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nReal estate professionals may use Zestimates as a starting point, but they often recommend getting a professional appraisal for a more accurate valuation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Are_Zillows_Zestimates_used_by_mortgage_lenders_when_determining_a_homes_value\"><\/span>9. Are Zillow&#8217;s Zestimates used by mortgage lenders when determining a home&#8217;s value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nMortgage lenders typically rely on professional appraisals rather than Zestimates when determining a home&#8217;s value for a loan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_Zillows_Zestimates_be_impacted_by_inaccuracies_in_the_data_used_to_calculate_them\"><\/span>10. Can Zillow&#8217;s Zestimates be impacted by inaccuracies in the data used to calculate them?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nInaccuracies in the data used by Zillow, such as incorrect property information or missing sales data, can impact the accuracy of Zestimates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_How_can_I_dispute_a_Zillow_Zestimate_if_I_believe_it_is_inaccurate\"><\/span>11. How can I dispute a Zillow Zestimate if I believe it is inaccurate?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYou can submit updated information or evidence to Zillow to dispute a Zestimate if you believe it is inaccurate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Are_Zillows_Zestimates_affected_by_changes_in_the_real_estate_market\"><\/span>12. Are Zillow&#8217;s Zestimates affected by changes in the real estate market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nZillow&#8217;s Zestimates are updated regularly to reflect changes in the real estate market, so they can be influenced by market conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How close is Zillow to actual appraisal? Zillow is a popular online real estate marketplace that provides estimates, known as Zestimates, for the value of homes. Many people wonder just how accurate these estimates are compared to an actual appraisal done by a professional appraiser. The answer to the question of how close Zillow is &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How close is Zillow to actual appraisal?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-close-is-zillow-to-actual-appraisal\/#more-205819\">Read more<span class=\"screen-reader-text\">How close is Zillow to actual 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-205819","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 actual appraisal?<\/title>\n<meta name=\"description\" content=\"How close is Zillow to actual appraisal? 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