Property Value Estimators: How Accurate are Online Home Value Algorithms Zillow Zestimate/Redfin

KimWard@ProbateAndTrustHelp.com DRE#01218310
AshlieRivera@ProbateAndTrusthelp.com DRE#02042935
619.741.0111
Join us on an insightful journey into the world of online property value estimators. Today we will delve into the accuracy of Zillow Zestimate and other online home value tools. I’ll guide you through real-life scenarios faced by inheritors, who turned to Zillow for a quick home value estimate. We’ll explore how these algorithms work and their limitations. Don't forget to like, comment, and subscribe for more expert insights from Kim Ward!
00:00 Intro
01:45 Zillow Estimator
02:40 Whats the accuracy
03:21 inaccuracy due to renovations
04:05 inaccuracy due to unique features
04:33 inaccuracy due to location
05:29 How to get a better estimate?
06:04 Sarahs story
06:54 There’s no replacement for a professional estimate
07:31 Tom’s story ended well
08:23 Linda’s story
09:15 Alex’s story
09:50 Home improvements and value
10:41 The bottom line
11:11 Outro
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I’m a full time REALTOR in San Diego, California with Horizon Real Estate. I’m an expert at helping executors, administrators and trustees with probate houses and houses in a trust. A wife, mom to three grown sons and a daughter, plus She-she (that’s my grandma name) to the two cutest, smartest and busiest kids.
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I am NOT a lawyer or tax professional. The presentations reflect my own understanding of the underlying subjects. However, the presentation is based on my professional experience in the field of real estate. The information contained herein should NOT be used as a substitute for the advice of an appropriately qualified and licensed attorney, tax professional or contracted real estate agent/broker. The information provided here is for informational purposes only. You should consult with a professional to seek legal advice regarding your exact circumstances.
If you want to talk with me about San Diego real estate, fell comfortable calling me at 619-741-0111 or email me at KimWard@ProbateAndTrustHelp.com
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