{"id":226011,"date":"2024-07-10T02:08:08","date_gmt":"2024-07-10T02:08:08","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=226011"},"modified":"2024-07-10T02:08:08","modified_gmt":"2024-07-10T02:08:08","slug":"how-close-is-zillow%ca%bcs-zestimate-to-a-home-appraised-value","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-close-is-zillow%ca%bcs-zestimate-to-a-home-appraised-value\/","title":{"rendered":"How close is Zillow\u02bcs Zestimate to a home appraised value?"},"content":{"rendered":"

*How close is Zillow\u02bcs Zestimate to a home appraised value?*<\/p>\n

Zillow’s Zestimate is a popular tool that millions of homeowners and buyers use to estimate the value of a home. However, the question remains: How close is Zillow\u02bcs Zestimate to a home appraised value? Let’s delve into this subject and explore its implications.<\/p>\n

Before we assess the accuracy of Zillow’s Zestimate, it’s essential to understand what it is. Zestimate is an automated valuation model (AVM) created by Zillow that assigns a value to a property based on a range of factors such as location, square footage, number of rooms, recent sales in the area, and tax assessments.<\/p>\n

**The answer to the question “How close is Zillow\u02bcs Zestimate to a home appraised value?” is: It can vary. Zillow itself acknowledges that Zestimate may not be entirely accurate, and it typically has a median error rate of around 4-5%.**<\/p>\n

Now, let’s address some frequently asked questions about Zillow’s Zestimate and its accuracy:<\/p>\n

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