Updated about 8 years ago on . Most recent reply
Zestimate vs. Actual Price?
Hello, everyone!
Click here for the apartment on Zillow
An apartment in Chicago (built in 1962) was remodeled in 2016. The price of the apartment is listed as $209,900, but the Zestimate is $603,719.
That seems to be a HUGE discrepancy - $200K vs. $600K.
I'd love to hear what you guys think I'm missing, and which price you think is more accurate.
Thank you in advance for your time! :)
Most Popular Reply
These 2 are mutually exclusive and have nothing to do with each other. The price is the price.
The Zestimate is a wildly inaccurate tool used to trick the general public into believing it has meaning, but its real purpose is to sell ad space to realtors. Zillow is a marketing company, their data is garbage.