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How accurate is the Zillow estimate on your Charlotte home?

March 1st, 2021

To find out the value of their home, most people go to Zillow, type in their address, and check their Zestimate. But is that number for your Charlotte home accurate?

In most cases, according to Zillow, the Zestimate will fall within 10% of the real value of the home (a home with a $250,000 Zestimate, then, could actually be worth $225,000 or $275,000).

However, Investopedia points out that, "Zestimates are only as accurate as the data behind them, so if the number of bedrooms or bathrooms in a home, its square footage, or its lot size are inaccurate on Zillow, the Zestimate will be off."

So while Zillow is a good starting place, it's not an end-all answer.

Be sure to also consider...

Repairs

If the home is in disrepair, that's going to lower its value. You might consider paying a professional home inspector to look at your home and give you a thorough rundown of what problems exist and how serious they are. This will give you a better idea of what you're up against and maybe an idea on how to address the problem.

Updates

If the home needs a lot of updates to make it more modern, that's going to lower its value. A fresh coat of paint on the inside and outside, spruced up front yard and new flooring especially if your carpets and tiles are outdated are sure to add value to your Charlotte property.

Cleanliness

If the home is dirty and cluttered, buyers won't be willing to pay as much for the home.

Marketability

If the home isn't in the ideal area or price-point for buyers in your area, then it'll take longer to sell and might sell for less.
And if you want to sell your home fast for a fair cash price, give us a call at (704) 461-0576 or simply fill in the quick form below to receive your cash offer today. We can buy your home as-is and close in as little as two weeks!

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