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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.
A look at cost estimating. The notion that cost estimates donât need to be that accurate â since by definition, they predict the future â is a fallacy. Itâs true that cost estimates are a rough order-of-magnitude figure. And, yes, the basis for the estimates is in the assumptions, constraints, limitations, etc.