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Home Value Estimates and Zestimates
There are many factors that go into determining a homes value. This tool give you a general idea of the value of your home. No Zestimate or tool like the home value estimator should be the only way you price your home. You should always have a real estate professional from a local real estate company come out to find the value of your home.
Some of the factors that are considered when pricing a listing are not considered by an algorithm like Zestimates. There is a reason why the bank sends out an appraiser to view a property before they lend on it. An algorithm should be used as a general idea of a home value. It takes a real estate agent at least a few hours to give a seller a range to list their home. Some of the more unique properties take even longer.