Zillow is useless as an analytical tool – kinda cool, but should not be considered accurate. It’s a computer driven algorithm that does not accurately quantify view, lot, location or condition amenities.
I’ve lost (paying jobs – sorry rankanfile – don’t vomit again) to AVMs similar to this. The lender preferred to save $300 on a $600,000 loan and rely on a computer model instead of having a pair of eyes and ears view the property to verify.
