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Updated about 16 years ago on . Most recent reply

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133
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Matthew Green
  • Contractor
  • Niagara Falls/Buffalo, NY
10
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133
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Understanding Zillow?

Matthew Green
  • Contractor
  • Niagara Falls/Buffalo, NY
Posted

I've read that its a good source to find comps. in the area of your property, but not to trust the values given. Does this refer to the values the comps sold for? or the "zestimate" of your property based on these comps?

Most Popular Reply

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Will Barnard
  • Developer
  • Santa Clarita, CA
10,948
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

Either way, Zillow, BPO, or others are ALL just OPINIONS. The only fact that matters is to run true and actual sold comps. Can you use jsut the high ones for your sell side, of course, can you use just the low ones for your buy side, of course. Take these factors into account and get ALL the true sold comps to evaluate the low end value and the high end value.

This will be the only ACCURATE way to valuate a home in this market.

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