Don't Rely on Zillow's "Zestimates" to Sell Your Long Island Home

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Today, I will discuss Zillow's "Zestimates." When it comes to Zillow, it's important to take a step back and consider what information is gathered to make a "Zestimate."

Zillow says that their estimates are accurate by 20% give or take. If your home has a "Zestimate" of $300,000, Zillow is claiming it's accurate from $240,000 to $360,000, which is clearly a span of $120,000. Certainly, that is not accurate enough for anyone to make a wise decision when it comes to selling their home.

When you need a home value for today's market, it's very important that you contact a professional real estate agent.

Zillow's estimates are based on recently sold homes and homes on the market in your area. If you dig a little deeper though, you realize that Zillow does not know what is inside your home. They don't know what upgrades you have made, what the layout is, or what a buyer would really feel your home is worth in today's market.

If you have any questions about your home's value, please give me a call or send me an email. I'd love to help you.