Evan Willoughby
Understanding Low Zillow Estimates in the Online Property Market
For any budding property hunter or seasoned investor, Zillow's estimates often provoke mixed feelings. Although widely popular, many users find the estimates surprisingly low compared to the actual market value. This discrepancy arises due to the algorithms' reliance on outdated data, lack of local expertise, and absence of certain property features in their computations. By understanding how these estimates are calculated, buyers can better navigate the housing market and make informed decisions.
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