One of the common questions I receive is how accurate or reliable is Zillow, Trulia or Redfin in estimating the value of my home?

Typically, the online estimates of value are usually between 5-15% plus or minus the actual market value for most tract homes. That is a pretty significant swing when you consider that the properties we sell have a list price within 2-3% of their sold properties.

This deviation becomes more pronounced as we evaluate more unique properties, custom home, homes ocean views or homes near the beach. We can see a swing of 30-40% from actual market value! Watch today's video to hear about the type of limitations of Zillow.