Redfin, Trulia, Zillow estimates (versus)

Intel / Other oral-B
Jul 5 17 Comments

There are some pretty drastically different estimates of home prices with the three platforms. Which is the most accurate on your opinion?

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TOP 17 Comments
  • Zillow Group ^H
    3sum lc
    Jul 5 0
  • Facebook public2
    None of them are accurate, ask a realtor.
    Jul 5 4
    • Cadence / Product
      BayBee

      Cadence Product

      BIO
      .
      BayBeemore
      And that's accurate? 🤦‍♂️
      Jul 5
    • Facebook public2
      Yep, much more accurate. Only the market will be set the price but a good agent can apply human logic to comps and factor things no algorithm can consider. Zillow is only as good as the limited data points it can consider.
      Jul 5
    • Cadence / Product
      BayBee

      Cadence Product

      BIO
      .
      BayBeemore
      I agree that these sites are inaccurate... my argument is that the agent is not accurate as well...
      Jul 5
    • Facebook public2
      Ok so how do you value real estate, constantly put it on the market? A good agent is very good at pricing.
      Jul 5
  • Cadence / Product
    BayBee

    Cadence Product

    BIO
    .
    BayBeemore
    I noticed that redfin is the fastest to adapt to recent sales, so seems most accurate in the areas i check..
    Zillow has a more conservative model.. (slower)
    Not sure about trulia..
    Jul 5 3
    • Intel / Other oral-B
      OP
      Redfin seems very aggressive with the estimates vs the other two.
      Jul 5
    • Cadence / Product
      BayBee

      Cadence Product

      BIO
      .
      BayBeemore
      Aggressive = more expensive?
      Jul 5
    • Intel / Other oral-B
      OP
      Yes
      Jul 5
  • Google TgJw21
    Take the average?
    Jul 5 1
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      Yup. An “accurate estimate” is as paradoxical as “definitely maybe”
      Jul 5
  • Emida ythn1@
    Zillow estimates same for all houses on the same street as long as they are close each other by sqf. It doesn't consider any renovation or futures of a house.
    Jul 11 0
  • Microsoft pJcW86
    They are all rough averages based on whatever factors and weights they decide on. This did not factor in characteristics of a house ie. anything interior like floor plans and excluding outliers in comparable homes, worst or better interiors, bad schools in a good school district, weird street or next to a highway etc.
    Jul 5 0
  • TrueCar Xyh-123
    I would see if your realtor can hook you up with HomeBot
    Jul 5 0
  • Yelp / Eng sJJv80
    HouseCanary
    Jul 5 0
  • Amazon TDKU11
    Wondering same for Seattle
    Jul 5 0