Zillow's number is a computer guess. Yours gets worked out by hand from the homes that actually sold near you. Put in your address below. The full report lands in your inbox within the hour.
Zillow publishes its own error rate, and it is worth reading before you trust the number. For a home that is not listed for sale right now, which is yours, Zillow's published median errorThe middle miss. Half of homes are closer to the real price than this. Half are further away. It is not the worst case. is 7.01%.
For a home that is already listed for sale, the same figure drops to about 2%. The gap is the point. Zillow gets much closer once a real agent has priced the house and put it on the market.
That is the middle miss, in either direction. A $1.5M home is ordinary across Calabasas, Westlake Village and Agoura Hills. Price off by that much and you either leave money behind or sit on the market for months.
Arithmetic on Zillow's own published figure: 7.01% of $1,500,000. Zillow updates its accuracy numbers, so check the current one on Zillow's Zestimate page. Want the long version with your own number plugged in? Read is your Zillow Zestimate accurate.
A Zestimate reads public records. It knows your square feet, your bed count and the year the house went up. That gets it into the neighborhood.
It has never seen your kitchen. It does not know you put a new roof on in 2023. It does not know the house behind you backs a busy road, or that the two compsShort for comparable sales. The homes near you that recently sold, and that a buyer would weigh against yours. it leaned on both sold to cash buyers in a hurry.
Somebody who walks your street every week knows all of it. That is the whole difference, and it is why your number gets done by hand here.
These are free calculators on this site. No email, no sign up. Open any of them right now.
Kurt Mellinger works it by hand and sends it inside the hour. Here is what is in it.
It costs nothing and it commits you to nothing. Read it, keep it, and call Kurt only if you want to. Most people who ask for one are not selling this year, and that is fine.
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