How accurate are online real estate evaluations? Typically, I find that they are within 20% of a home’s actual value. When you want to know how much your home is really worth, you should consult with a real estate agent. Last week I closed escrow on my Dunsmore listing in La Crescenta. The online real estate evaluator, Zillow indicated the home to be valued at $764,889.
When I initially consulted with the owner, she told me that she met with several other Realtors and was ready to list at $799,000. The home offered 3 bedrooms, 3 baths, family room, pool and a nice sized lot. It’s not a matter of selling but a matter of selling for the highest possible price. I don’t like to price too low (too many disappointed buyers), I prefer to price on the edge. We listed at $810,000, received multiple offers and closed escrow at $830,000.
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