Zillow Zestimates indicate a good flip?

[Brett Quelch]

For experienced investors and analyzers out there, when I have been looking at some potential flips, I found it interesting that some houses would be selling for $100,000 and redfin would be pretty close to that selling price, but Zillow estimates it for $200,000.  I'm guessing Zillow doesn't do work into knowing more about the house like redfin and is just doing it based of comp's in the area.  This got me thinking that it could be a good strategy to find a good deal for a flip.  For example, if I find a house for $100,000K listing and Zillow estimates its worth $200,000K, it seems like there might be a deal.  Am I missing something?

[Christopher Phillips]

@Brett Quelch

Zillow doesn't use comps. It has an algorithm that takes into account general sales in the area an other factors like public data.

It has no idea if someone has a quartz counter or Formica. It has no way of knowing the age of the kitchen or the bathroom or the roof or the heating system.

It also doesn't take into account if you have river views or that you're three blocks away from a garbage dump.

It's pretty much for entertainment purposes only.