Zestimate

But Zillow says my house is worth a gazillion dollars! Okay, I’m exaggerating, kind of.

Zillow uses sales data to come up with your “Zestimate” but what they can’t factor in are things like the view, traffic noise, intimate community knowledge, and changes in the local workforce like a company leaving town or coming to town. In other words, the “Zestimate” is a 50,000-foot view of your home’s value.

Having your local agent help you price your home is like looking under a microscope at the value of your home. Don’t leave these things to chance. Now is not the time to be inaccurate about pricing. Correct pricing is going to dictate whether your home sits on the market or gets multiple-over-asking offers.