A little over 2 years ago, I compared the sales prices of 10 Spring Texas homes to their Zestimates.
The results of the 2009 analysis were:
Since I am frequently asked about the Zestimate, I figured it was due time to perform another comparison. I chose 10 Spring Texas homes that sold within the last six months and compared their sales prices to the Zestimates.
The results of the 2011 analysis were:
What I found interesting was in 2009 the Zestimate was higher in 80% of the instances but in 2011 the Zestimate was lower in 80% of the instances.
If you were buying a house in 2009 in Spring Texas and you checked the Zestimate, you probably thought you were getting a deal. Today if you used the Zestimate to check the value of a Spring Texas house, you would think you are over paying.
The Zestimate is just that an estimate. Zillow does not send anybody out to view the interior and exterior of the homes to evaluate their condition. If you truly want to know the value (not an estimate / guesstimate) of a Spring Texas house, contact a Realtor. You can contact me at 281.804.8626 or my working partner (Rick Ratchford) at 281.300.3141.
This agent is nothing short of spectacular!! Me and my wife first met Jill on the sale of our first... read moreThis agent is nothing short of spectacular!! Me and my wife first met Jill on the sale of our first house. She was completely involved in all the details and aspects of the sale, from proper presentation to market analysis. Her patience and ability to explain the complex issues and simplfy them were a great help to us in understanding the process as a whole and thus relieving much of the stress and worry that comes with such a sale.
Her meticulous attention to detail in not only the home itself but also its web presence directly led to the immediate sale of our home in the first week it was listed.
I highly recommend Jill Wente. She is the agent we are all always looking for!!! read less