There are many great homes for sale in Greater Phoenix Metropolitan. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (480) 596-2900 for a FREE home buying or selling consultation to answer any of your real estate questions.
What's the Best way to Get an Accurate Home Value?
The big news in real estate lately is that Zillow has acquired Trulia for $3.5 billion in stock. From what we understand, both companies will continue to operate. What we really want to focus on here is the "zestimate" and how accurate that is. A lot of people get a value for their home through the zestimate and come and ask us if it's accurate. The truth is, it varies quite a bit.
Here in the valley, zestimates are accurate within 5% of the actual selling price only 46.2% of the time. They are accurate within 10% of the sales price 72.8% of the time, and 88.9% of the time they are accurate within 20% of the sales price. This is a wide range and a big number.
So, is it accurate? It really depends on which neighborhood and the type of home you live in. Honestly, you are better off just getting a free home valuation here on our site, or better yet, calling us to get a specific market evaluation for your property to let you know what it's worth.
We advertise our properties on Zillow and Trulia and spend a lot of money on online marketing to drive traffic to our properties to get them sold. If you or somebody you know is looking to sell, let us know and we can do this for them. If you have any other questions at all, feel free to reach out to us by phone or email.
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