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The video does a nice job examining Zillow pricing and the accuracy of their Zestimate feature. The above Real Estate information on are Zillows home value estimates accurate was provided by Bill Gassett, a Nationally recognized leader in his field.
This means that if the project estimate is $2,000,000 with an estimating accuracy of Â±50%, the business needs to allow for $1,000,000 at the lower end of the estimate and $3,000,000 as the upper limit of the project estimate.