Do online home value estimators really work? How accurate (or inaccurate) are they? Can you trust what they tell you? This post will carefully examine three popular online home valuation tools and will provide some guidance on which one will give you the best ballpark pricing estimate for your home.
It was announced today that real estate giant, Zillow, is launching a new pricing tool for sellers, named Price This Home. This new tool allows homeowners to create an estimate of their home’s value based on comparable listings and recently sold homes in their neighborhood. The estimate is private and fully customizable.