07/12/2023
Why Not to Use the Zestimate Tool in Zillow
My clients bought a home for $360k and after closing on the home the Zestimate says that it's only worth $340,600.
BUT when they got their appraisal done it came at $375k. THAT'S almost $35k indifference.
If they had use the Zestimate to make their decision they would have missed on a house they love and the opportunity of buying a house with positive equity.
Moral of the story DON'T use the Zestimate tool in Zillow, talk to a professional instead.