Thanks to More Data and Great Minds, Zestimate Accuracy Is Improving

Posted from: https://www.zillow.com/blog/zestimate-220693/

For many Americans, their home is one of their largest financial assets. The typical homeowner has a little over half of their wealth tied up in their home, according to a Zillow analysis of the Federal Reserve Board, Survey of Consumer Finances.

That’s why the Zestimate® home value – and improving its accuracy – is so essential. While it’s not an appraisal, the Zestimate, based on a complex mathematical equation, gives a homeowner a starting po…

Posted from: https://www.zillow.com/blog/zestimate-220693/

For many Americans, their home is one of their largest financial assets. The typical homeowner has a little over half of their wealth tied up in their home, according to a Zillow analysis of the Federal Reserve Board, Survey of Consumer Finances.

That’s why the Zestimate® home value – and improving its accuracy – is so essential. While it’s not an appraisal, the Zestimate, based on a complex mathematical equation, gives a homeowner a starting po…

Leave a Reply

Your email address will not be published. Required fields are marked *