One of the key features of Zillow is the “Zestimate” of a home’s value:
Do people think this is reliable, or even useful? Apparently they do. Others think not. The Washington Post described the Zestimate as “wildly inaccurate and inconsistent.” Or as Investopedia put it, “there are several reasons these numbers may not be as accurate as you’d like them to be.”
I got the following Zestimate for a house I know well in West Boca:
Two essentially identical houses on the same side of the same street sold within the past year for $14,000 less than that number.
If you’re a homeowner and you want to get an idea of the value of your home, there’s a much better way to get an answer. Ask a Realtor®.
You can Google Zillow Boca Raton FL to get an inaccurate answer, or you can ask a Realtor®. Most of us will take the time to research your property and ask you questions to get a solid idea of a price range that your home is likely to get when you list it. And we’ll do this for free. That’s part of what we do.
A good Realtor® will look at records from the property appraiser and the MLS (multiple listing service) for your home and your neighborhood. It would be helpful if you would report any changes to the house since you bought it or since it was last listed on the MLS. Certain features make a significant difference, such as a new roof or other renovations.
Don’t ask Zillow for a Zestimate. Ask a Realtor® to get it right.