Understanding Zestimates

As Zillow.com has gained popular, so have Zestimate home values…and inquiries about it. What is a Zestimate? A Zestimate is a computer-generated estimate of a home’s market value.  Computed using Zillow’s proprietary formula, it incorporates data about a home based on physical attributes, tax assessments, prior sale prices, market activity, recent sales nearby, and even […]