Hey everyone, today we are going to be discussing Zestimates, and how accurate they are in Charleston.
I cannot even begin to explain how often buyers and sellers ask me about the accuracy of their Zestimate, an automated home valuation from the home search website, Zillow. From my experience, the Zestimates in Charleston tend to be off in value considerably.
I've seen property value off by as much as $100,000 on homes in our area. Zillow uses several different sources for their information in an attempt to put an accurate value, but in my opinion, it will never be accurate. Each home is unique, and has its own unique value. There simply is not a substitute for a local Realtor who is familiar with all the market details. They can get you the most accurate home valuation.
If you don't believe me about Zestimates being inaccurate, let me prove it to you. If you go on Zillow.com, scroll down to the very bottom, and click on the "Zestimates" link, you will see a tab that says "How Accurate is my Zestimate?" Here you will see for yourself that their Zestimates can be off by as much as 10% in 40% of sales.
As you can see, the Zestimate is pretty useless for getting an accurate home value. I invite you to visit with a local Realtor or appraiser for a much more accurate idea of what your property is worth in the current market. If you have any questions for us, feel free to give us a call or send us an email. We look forward to hearing from you!
From my experience, the Zestimates in Charleston tend to be off in value considerably.Mobile homes for sale in arkansas
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