Zillow Home Value. Sites like Zillow have great potential to empower buyers and sellers. For example, you might want to see how your neighborhood stacks up.
Home Makers is an original Zillow series profiling visionaries who design and build unique homes. Zillow has definitely succeeded at disrupting their industry. Zillow Home Value Index (ZHVI): A smoothed, seasonally adjusted measure of the median estimated home value across a given region and housing type.
Zillow explicitly points out that Zestimate does not constitute an appraisal.
The Zillow Home Value Index can be used to compare the typical value of a home in one region versus another region.
Zillow January Home Prices – Business Insider
Many people use Zillow to value a home, but how accurate is Zillow? The Problem With Zillow Home Value Estimates. Predicting error The goal of this project was to predict Zillow Zestimate LogError values.