Don’t Trust Your Zestimate

Zillow is currently getting sued over the accuracy of their Zestimates. Is it a good place for you to determine the value of your home?

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You may have heard this in the news recently that a homeowner has filed a lawsuit against Zillow and the Zestimate that they gave this person’s home.

While it’s true that in certain markets and situations a Zestimate is a pretty close estimate of value, it’s not like that in Texas. We are a non-disclosure state, meaning that our official sale prices are not recorded. As a result, Zillow doesn’t have that data—causing many of their estimates to be way too high or way too low. 

Zestimates should be used as a basic guide to home value. When you’re actually ready to buy or sell a home and want to know a property’s true market value, it’s best to get in touch with a professional. 

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Zestimates should be used as a basic guide to home value.

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If you have any questions for us or you’re looking to buy or sell a home, give us a call or send us an email. We look forward to hearing from you.