How accurate is zillow with home valuations?
Recently I wanted to refinance my two loans together, by zillow’s appraisal I have more than enough to refinance, however I was working with a lender who had his appraiser run comparables in my area and the assessed value was much less, so much that I was unable to refinance. I know the best thing is for me to have an official appraisal; however I just want to know how zillow comes up with their figures as I believe they are much more reflective of the current value of my home and surrounding homes in the neighborhood.
