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Zestimates, AVMs & Online Home Values: How Does a Website Know What a House Is Worth?
Ever wonder how a website can estimate a home's value without ever stepping inside? Zestimates and other automated valuation models use property and market data to create an estimate—but not every model uses the same information. Here's a plain-language look at AVMs, the data behind the numbers, and how they fit alongside CMAs and appraisals.
Aug 196 min read
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