There are many great Fairfax area homes for sale! Click here to perform a full home search, or if you're thinking of selling your home, Click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 703-798-9882 for a FREE home buying or selling consultation to answer any of your real estate questions
Today I'd like to talk about Zillow. It's a great resource to find homes, but not a good resource to use if you're trying to price your home to sell. I recently saw an interview where the CEO of Zillow was speaking, and even he said that Zillow's Zestimate can be off by as much as 8%. In some instances, that number can be off by as much as 25%!
For a home that is worth $200,000, a difference of 8% is a difference of $16,000! That is a significant amount of money. This is why you must take these Zestimates with a grain of salt. Zillow is not a pricing tool, it is an aggregate of homes that are around the neighborhood that have recently sold.
While it's helpful to have that information at your fingertips, it's better to speak with a real estate agent in order to get an accurate value for your home. We can place a very accurate and attractive sale price on your home if you allow us to come out and look at your property.
We would love to help you sell for top dollar by placing an accurate value on your Fairfax home. Please don't hesitate to contact us!
