Why Zillow’s Zestimate Can Be $70,000 Off (Before You Sell, Watch This)

Описание: Online home value estimates like Zillow’s Zestimate can be off by thousands — sometimes tens of thousands — of dollars.

In this video, I break down why Zillow itself reports a median error rate of around 7% for homes that are not actively listed for sale. On a $1,000,000 home, that’s a $70,000 swing in either direction.

We’ll cover:
• Why online valuation tools pull from broad public data
• How geographic averaging can skew price per square foot
• Why condition, upgrades, and buyer demand matter
• Why recent MLS changes mean public platforms may not show full sold listing details

If you’re considering selling your home in Santa Clarita, Los Angeles County, or Ventura County, relying solely on an automated estimate could lead to a costly decision.

If you’d like a personalized market analysis based on real comparable sales and full MLS data, reach out directly or schedule a consultation here:

00:00 $70,000 Mistake?
00:19 Zillow’s 7% Error Rate Explained
00:37 What 7% Means on a $1,000,000 Home
00:56 Why Zestimates Look More Accurate When Listed
01:05 How Online Valuation Tools Pull Data
01:17 Why Algorithms Miss Condition & Upgrades
01:35 MLS Photo Changes & Public Data Limits
01:59 The Risk of Selling Based on an Estimate
02:12 The Risk of NOT Selling Based on an Estimate
02:32 Why Relying on an Algorithm Is Risky
02:40 Online Tools Are a Starting Point
02:59 How to Get a Real Market Analysis