Zillow accuracy evaluated

[Terrel L. Shields]

If you look at Realtor.com, most properties in areas with data will have 3 different AVM-projected values. The gap between those 3 models is pretty wide in most cases - which tells you all you need to know about AVMs and their reliability.

You mean this isn't accurate enough?

 

[Fernando]

View attachment 94862You mean this isn't accurate enough?

What does Zillow show?

 

[Terrel L. Shields]

What does Zillow show?

This is Zillow

 

[shrubberyvaluation]

Zillow does not know the difference. And further, it does not know the difference between rural property and city property. Since it cannot even differentiate between the two, its very premise is flawed.

How does Zillow do highest and best use analysis, I'm guessing it doesn't?

 

[Surf Cat]

How does Zillow do highest and best use analysis, I'm guessing it doesn't?

No cares about the H&BU or the CA or USPAP...especially the lenders. They just want the value. And, to make money off the loan.

 

[Digger88]

View attachment 94862You mean this isn't accurate enough?

Mine only has 1 which is 20% of actual value lol