> Zestimates are within 20 percent 89.7 percent of the time, Zillow claims. So, ... | Hacker News

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CobrastanJorji on May 10, 2017 | parent | context | favorite | on: Zillow faces lawsuit over ‘Zestimate’ tool that ca...

> Zestimates are within 20 percent 89.7 percent of the time, Zillow claims.

So, for an area where the homes average around $500,000, more than 1 in 10 estimates are off by $100,000 or more? That seems kinda bad.

paulgb on May 11, 2017 [–]

Do humans do any better, I wonder? That seems pretty good for an illiquid market. (But what do I know, I've always rented)

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