Coming on the heels of Redfin’s Estimator, real estate online powerhouse Zillow recently launched “Price This Home, a new tool that enables home sellers to create a custom, private value estimate for their home based on comparable home sales and listings, personal knowledge of their home and surrounding neighborhoods, and local market conditions.”
The Price This Home tool uses the Zestimate home valuation as a base, and then allows the homeowner to select information that will give them a more customized value estimate. To create a Price This Home value estimate, homeowners take several steps:
- Verify their home facts are correct by claiming their home on Zillow and updating facts like numbers of bedrooms or square footage.
- Select from a list provided by Zillow, of for-sale and recently sold homes that are similar to their own home, based on location, square footage, number of bedrooms and bathrooms, curb appeal and interior condition, and eliminate those that are not.
Click here for more information about Zillow’s Price This Home.