Zillow 'Zestimates' are now more accurate

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Real Estate

An online property search giant claims it has made "significant upgrades" to its "Zestimate" feature, which it claims has made it more accurate than ever.

 

Zillow says the changes to its home value estimation tool will allow its algorithm to "react more quickly to current market trends," and as a result has improved its "national median error rate" for the valuation of 104 million off-market homes to 6.9% – almost 1% better than before.

However, it's always best to get your market analysis done by a professional realtor.  There is no cost to you, and you'll probably get a more accurate result based on upgrades.  Zillow doesn't know you did a complete kitchen overall including granite and custom cabinets.  It makes a difference!

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