August Zillow Zestimates vs. Sold Prices

I am often asked, “Hey Barry, Zillow says my home is worth X. Can that be right?”

Here’s my take on the Zillow Zestimates – Zestimates can be a great tool for homeowners to get a basic idea for the value of their home. However, when pricing a home or making an offer on a prospective home, it is important to understand that Zillow is not able to take into account many important pricing factors that can mean the difference of thousands, even tens of thousands, of dollars. These factors include updates & upgrades, how well the home has been maintained, as well as available inventory vs. buyer interest. Below you can view real sold home prices in Superior vs. their Zestimates to give you an idea for the discrepancies in a Zestimate vs. a home’s true sale value.

If you are curious about the value of your home, or are looking to buy, give me a call. I am happy to help you with any of your real estate needs or questions.

Call me anytime 720.373.9297 or reach me by email at barry@superiorrealestatenews.com.



July Superior Market Report

Currently there are 33 active listings in Superior, 26 of which are either pending or under contract. If you’re considering selling, have any other real estate needs or know someone who does, please give me a call at 720.373.9297. I can help determine the value of your home or help with any of your real estate questions.

Scroll down for detailed July market reports including sold listings, average days on market and current homes for sale in Superior.  

Market Activity in Superior in July 2017

Click here to see the homes for sale Superior, CO


If you’re curious about the current value of your home, I can provide you with a comparative market analysis at no cost or obligation. Call me at 720-373-9297 or reach me by email at barry@superiorrealestatenews.com.

April 2017 Zillow Zestimates vs. Real Sold Home Prices in Superior

April 2017 Zillow Zestimates vs. Real Sold Home Prices in Superior

I am often asked, “Hey Barry, Zillow says my home is worth X. Can that be right?”

Here’s my take on the Zillow Zestimates – Zestimates can be a great tool for homeowners to get a basic idea for the value of their home. However, when pricing a home or making an offer on a prospective home, it is important to understand that Zillow is not able to take into account many important pricing factors that can mean the difference of thousands, even tens of thousands, of dollars. These factors include updates & upgrades, how well the home has been maintained, as well as available inventory vs. buyer interest. Below you can view real sold home prices in Superior vs. their Zestimates to give you an idea for the discrepancies in a Zestimate vs. a home’s true sale value.

If you are curious about the value of your home, or are looking to buy, give me a call. I am happy to help you with any of your real estate needs or questions.

Call me anytime 720.373.9297 or reach me by email at barry@superiorrealestatenews.com.

 

April 2017 Superior Zillow Zestimates vs. Sold Prices

Single Family Homes

Superior CO

Condos and Townhomes

March 2017 Zillow Zestimates vs. Real Sold Home Prices in Superior

March 2017 Zillow Zestimates vs. Real Sold Home Prices in Superior

I am often asked, “Hey Barry, Zillow says my home is worth X. Can that be right?”

Here’s my take on the Zillow Zestimates – Zestimates can be a great tool for homeowners to get a basic idea for the value of their home. However, when pricing a home or making an offer on a prospective home, it is important to understand that Zillow is not able to take into account many important pricing factors that can mean the difference of thousands, even tens of thousands, of dollars. These factors include updates & upgrades, how well the home has been maintained, as well as available inventory vs. buyer interest. Below you can view real sold home prices in Superior vs. their Zestimates to give you an idea for the discrepancies in a Zestimate vs. a home’s true sale value.

If you are curious about the value of your home, or are looking to buy, give me a call. I am happy to help you with any of your real estate needs or questions.

Call me anytime 720.373.9297 or reach me by email at barry@superiorrealestatenews.com.

March 2017 Superior Zillow Zestimates vs. Sold Prices

Single Family Homes

Superior Zillow Zestimates vs. Sold Prices Single Family Homes

Condos and Townhomes


February 2017 Zillow Zestimates vs. Real Sold Home Prices in Superior

February 2017 Zillow Zestimates vs. Real Sold Home Prices in Superior

I am often asked, “Hey Barry, Zillow says my home is worth X. Can that be right?”

Here’s my take on the Zillow Zestimates – Zestimates can be a great tool for homeowners to get a basic idea for the value of their home. However, when pricing a home or making an offer on a prospective home, it is important to understand that Zillow is not able to take into account many important pricing factors that can mean the difference of thousands, even tens of thousands, of dollars. These factors include updates & upgrades, how well the home has been maintained, as well as available inventory vs. buyer interest. Below you can view real sold home prices in Superior vs. their Zestimates to give you an idea for the discrepancies in a Zestimate vs. a home’s true sale value.

If you are curious about the value of your home, or are looking to buy, give me a call. I am happy to help you with any of your real estate needs or questions.

Call me anytime 720.373.9297 or reach me by email at barry@superiorrealestatenews.com.

 

February 2017 Superior Zillow Zestimates vs. Sold Prices

Single Family Homes

Condos and Townhomes

disclaimer ires

October 2016 Superior Zillow Zestimates vs. Sold Prices

October 2016 Superior Zillow Zestimates vs. Sold Prices

Ever wonder how accurate those Zillow Zestimates really are? Below you will find real homes sold in Superior last month compared to their Zillow Zestimates. Scroll down to the bottom of the post for more information on the accuracy of Zillow Zestimates.

October 2016 Superior Zillow Zestimates vs. Sold Prices

Single Family Homes

sfh-oct-2016-zillow-comps

Condos and Townhomes

ct-oct-2016-zillow-comps

disclaimer ires

Are Zestimates accurate? 


Zillow is the most popular online real estate information site, with over 70 million unique visitors per month. Zillow provides information on houses that are not on the market as well as active listings of properties for sale.

According to Zillow CEO Spencer Rascoff, Zillow Zestimates are “a good starting point” but nationwide Zestimates have a “median error rate” of about +/- 8%. On a $500,000 house, a seller is looking at a $40,000 disparity — which can potentially distort the perceived market value of a listing.

So what’s the takeaway?  When buying and selling, keep in mind that Zestimates are no more than starting points in pricing discussions with the real authorities on local real estate values — experienced agents and appraisers.

If you’re curious about the current value of your home, I can provide you with a comparative market analysis at no cost or obligation. Call Barry Remington at 720.373.9297 or reach me by email atbarry@superiorrealestatenews.com.

Source: LA Times article “Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices”