What's Hot: The 4 Projects in the Works Near DC's Starburst Intersection | A 153-Room Aloft Hotel Pitched For Mt. Vernon Triangle
Value Added? Trulia Launches Beta Version of Home Valuation Service
Zillow has Zestimates and now Trulia has Trulia Estimates.
Real estate search website Trulia has launched a test version of its new real estate valuation service, Trulia Estimates. The service (in beta) is being tested for homes in the San Francisco area, so those in DC can’t play around with it yet. The plan is for the service to eventually be rolled out nationally, but no timeline is set, company spokesperson Ken Shuman told UrbanTurf.
Like the Zestimate, Zillow’s proprietary algorithm that provides values for homes, the goal with Trulia Estimates is to provide home valuations for consumers and professionals around the country. The Zestimate has been a target for critics, primarily due to its questionable accuracy, and Trulia has put out disclaimers that the data provided through Trulia Estimates should not be used in place of a formal home appraisal.
Another interesting aspect of both the Trulia service and the Zestimate is that users can provide feedback on the home valuations that will affect the valuation in some way. How effective this will be and the manner in which it will be incorporated into the Trulia Estimates algortihm will be ironed out in the testing phase, according to Shuman.
Similar Posts:
See other articles related to: home values, trulia, trulia estimates, zillow
This article originally published at https://dc.urbanturf.com/articles/blog/value_added_trulia_launches_beta_version_of_home_valuation_service/4104.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf looks at the estimated annual maintenance costs associated... read »
Today, UrbanTurf is examining one of our favorite metrics regarding competition in th... read »
Another concept has been unveiled for one of DC's most contentious development sites,... read »
The residential development in the works along Florida Avenue NE is looking to increa... read »
Renter demand has continued to push Class A apartment rents in the DC region up this ... read »
- What Are the Annual Maintenance Costs When You Own a Home?
- The 6 Places In The DC Area Where You Aren't The Only One Bidding On a Home
- A First Look At The New Plans For Adams Morgan's SunTrust Plaza
- 46 to 48: The Biggest Project In Trinidad Looks To Get Bigger
- How Much Did DC-Area Rents Rise At The Beginning of 2024?
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro