Can we Trust Zestimates?

[Tyler Emerson]

Hello all!

So I’m continuing my real estate endeavors by constantly looking for potential great deals in my free time using many different platforms to include apps such as Zillow.

I see that Zillow always has a “zestimate” or estimate on how much it thinks the value of the property is really worth. My question is, generally speaking how accurate do you think this is?

I don’t think I would EVER truly trust an app estimate over a subject matter expert such as an appraiser or the like. Nevertheless, I am curious what the Bigger Pockets Community has to say.

Hope all is well this holiday season!

-Tyler Emerson