Zillow doesn’t have complete data, so they are not able to give an accurate estimate of what your house is worth. Every one of their Zestimates is essentially a guess. In Utah, Zillow doesn’t even have the correct sold home data because we are a non-reporting state.
Zillow has access to property owners’ own estimates of the price of their home and whatever is on public record, which is very limited. They give you a general idea of what your home might be worth based on the incomplete data they have.
A CMA is much more accurate than a Zestimate or appraisal.
If you truly want to know what a home is worth, you should talk to an expert who knows. A Realtor has access to all the records of the home, including what it previously sold for and what homes around it have sold for. We can put together a comparative market analysis giving you the best possible estimate for what your home could sell for.
A CMA is designed to be more predictive than an appraisal and tell you what it will sell for, not what it’s worth. Basically, a CMA is much more accurate than a Zestimate or appraisal, and it’s free. It’s a service we offer to you to provide a better idea of what your home is worth.
If you’d like a CMA on your home or have any other real estate questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.
