Appraised value vs. Zillow vs. sold amount

I have a completely non-scientific question here. What have you all been seeing in terms of what homes are appraising at vs. the price on Zillow or other online tools? What about what homes are actually selling for vs. Zillow values? I know those online valuation tools are not precise, but I’m curious about trends people are seeing?

Also, have you noticed whether Zillow has been updating values for actual sales price? For example, if a house sells for $100k over list price/Zillow value, is Zillow updating to selling price? Or keeping the old Zillow value as-is, maybe with some minor tweaks.

submitted by /u/HeatherAnne1975
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I have a completely non-scientific question here. What have you all been seeing in terms of what homes are appraising at vs. the price on Zillow or other online tools? What about what homes are actually selling for vs. Zillow values? I know those online valuation tools are not precise, but I’m curious about trends people are seeing? Also, have you noticed whether Zillow has been updating values for actual sales price? For example, if a house sells for $100k over list price/Zillow value, is Zillow updating to selling price? Or keeping the old Zillow value as-is, maybe with some minor tweaks. submitted by /u/HeatherAnne1975 [link] [comments]

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