Home value comparison Archives - Sage and Cedar

Why Relying on Zillow for Home Valuations Might Not Be Your Best Bet

Heather Dean — Tue, 06 Aug 2024 19:46:12 +0000

Serious question: has Zillow ever been inside your home? Or inside your neighbor’s home that just sold and then conducted a full market analysis to compare it to yours?

We’re guessing the answer is no! Let’s talk about why relying on Zillow for Home Valuations might not be your best bet.

Zillow relies on an automated estimator that uses an algorithm to evaluate homes within a certain radius. This algorithm doesn’t account for the unique features of each home. For example, Zillow could be comparing your 5-bedroom, 3-bathroom home with a resort-style pool to a 3-bedroom, 2-bathroom home in a different neighborhood without a pool. This kind of comparison can lead to inaccurate home valuations.

It’s always better to get a personalized market analysis from a local real estate expert (like us!) who knows the area and can provide a more accurate valuation. Local experts have the advantage of understanding the nuances of your neighborhood, the condition of your home, and the latest market trends.

Interested in a FREE Home Valuation for your home? Visit us here to get started. Our team at Sage & Cedar Real Estate is here to provide you with an accurate and detailed market analysis, ensuring you have the right information to make the best decisions for your property.

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