Know the True Value of Your Twin Cities Home

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Today I'm going to address a common question that crops up during listing appointments: Can you trust Zillow to give you an accurate home value?

A lot of times, the Zillow Zestimates are off between 5% and 15%. Sometimes the Zestimates are off by less, and sometimes they're off by more than 15%. The thing is, Zillow uses a computer algorithm. Anytime a computer algorithm is involved, it's awfully tough to determine exactly what your home is worth.

There are a lot of factors that go into determining your home value that an algorithm can't detect. If you're in an area where a home hasn't sold for a couple years, how would the algorithm calculate what your home is worth? What if your home is completely different than the other homes in your area? Those are some circumstances where the Zestimates would be very far off.

Ultimately, the best way to get a true valuation on your home is to talk to a professional real estate agent in your area. If you have any questions, give me a call or send me an email. I look forward to hearing from you!