Redfin’s new ‘Estimate’ tool will tell you almost exactly what a home is worth
Dec03
Redfin is launching a new tool that it claims will give home owners and prospective buyers the most accurate home value estimates available. Dubbed Redfin Estimate, it taps into previously unavailable info provided by the National Realtors Association to get a tighter grasp on estimates. Redfin says with that information, it will know how many cars a garage can accommodate, or if the basement in a home is finished. For homes currently listed, Redfin Estimates has a 2 percent error rate. For those not on the market, Redfin says it can nail down an accurate price to within 6 percent. The…
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