Home Valuation

Why Knowing The Value Of Your Home Is Important-And Why A Zillow Zestimate Is Not An Accurate Tool.

If you’re using a Zillow Zestimate to get an accurate home valuation, you may get a skewed result, which could then affect your home’s listing price. While Zillow has historically provided relatively accurate estimates based on the year the home was built, the number of bedrooms, square footage, and other quantitative data, they’ve recently changed their algorithm. Even when Zillow was fairly accurate, it still provided only an estimate as opposed to a true valuation done by an appraiser or Comparative Market Analysis. Here’s how to get an accurate home valuation and why relying on Zillow or similar sites is usually a bad idea. Outstanding client service, experienced business practices, and ingenious marketing strategies are what make our team the most trusted team in the area.Outstanding client service, experienced business practices, and ingenious marketing strategies is what makes our team the most trusted team in the area.


What is a Home Valuation?

A home valuation is just a fancy way of saying what the value of your home is. They are used during real estate transactions such as buy-sell or refinances to ensure homeowners or buyers are not overborrowing for a property. The home is used for collateral in a mortgage, and if the borrower defaults on his or her loan, the lender will sell the home to recoup the money lent to buy it. If the home was overvalued and they lent too much, they could lose money. The home valuation ensures they will be able to recoup costs should the mortgage not be paid in full.


What is a Zillow Zestimate?

A Zillow Zestimate is an automated home valuation tool and is recommended as a starting point when determining the value of your home. It incorporates user-submitted and public data and takes into account home facts, location, and market conditions. Zestimates are done entirely online, and no representative of Zillow will visit your home to perform an appraisal. Banks and lenders do not use Zillow or similar services to estimate property and instead rely on the expertise of a licensed appraiser. A Zestimate can be off by nearly 5% nearly 40% of the time in some markets, which amounts to around $15,000 on a $300,000 home.


What is the Main Difference Between a Zillow Zestimate and a Valuation Performed by an Agent?

The main difference between the two is that a Zillow Zestimate is simply an algorithm. You punch in data, and a value pops out. There is no actual human involved who views your home, compares it against others on the market, and produces a detailed report. When an agent conducts a valuation, they are actively involved in the process and create a valuation that is personalized and in-depth.

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I hesitate to write this review only for selfish reasons - I like to keep outstanding resources, like Josh, a secret. You should pick Josh if you are looking for a strategic real estate partner who is highly intelligent, consid...
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I can’t begin to tell you what a pleasure it has been to work with you on the selling of her home. What would have been such a difficult task for us was made so much easier due to your expertise, professionalism, and most of al...
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We had an opportunity to work with Josh to sell our home in Los Gatos and in parallel, buy a lot in Pleasanton to build our dream home on. For both transactions, Josh was a member of our real estate team and front ended the eng...
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CJ and Kim C.

It was such a pleasure working with EJ Pulpan and his team. We were in the market of purchasing a second home and he made the process seem effortless. EJ was very professional, he was committed to seeing each step of the proce...
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EJ and Juliane were instrumental in helping us find our perfect mountain home in the Santa Cruz area. Their extensive local knowledge and non-pushy approach made the process smooth and stress-free. They attentively listened to ...
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Paul R.

The PB Group were fantastic in helping us sell our property in San Jose. We were so happy to have selected them as our agents. They used every marketing tool available to help sell our home: online media campaign, individual we...
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Taylor M.

Josh and EJ were great to work with while selling our home! They were so organized and professional throughout the entire process. I would recommend the Pulpan brothers to anyone I know who is looking to buy or sell!
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I have bought and sold several homes in my life. Most transactions had left me disappointed with my choice of realtor. EJ and his team exceeded my expectations! I highly recommend EJ for numerous reasons: autonomy, negotiati...
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I highly recommend the Pulpan Brothers Group. I was extremely pleased with the outstanding services they provided. They not only successfully sold my home in Saratoga exceeding my expectations but they also went above and beyon...
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There are not enough words to describe how incredibly amazing Josh and EJ are, they made an extremely stressful home buying experience possible for my husband and me. We gave them some very specific requests in what we needed i...
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When it came to purchasing my first home, I had 100 questions. EJ and Josh were happy to walk me through the entire process. They answered every question with a level of detail that gave me the confidence knowing these guys are...
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I recently entrusted Josh Pulpan to sell my long kept and much loved home. My experience with him was beyond superior. He was through in taking care of business, always accessible when needed, prompt to respond to calls, and c...
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I want to express my gratitude to the Pulpan Brothers Group for their support throughout the sale of my Aptos Hills property. Even before we began marketing the home, EJ played a pivotal role in the improvement process. Their k...
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What's your property worth?


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How is a Valuation Performed?

There are two accurate ways to perform home valuations: with a Comparative Market Analysis and an appraisal. ​​​​​​​Here is how the two differ:

Why is a Valuation Important?

Though getting a valuation in order to sell your home is the most common reason to get a home valuation, it’s not the only one. ​​​​​​​Here are some more situations when a home valuation may be necessary:

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