House Hunting Zen: Zillow iPhone 3G App

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Zillow iPhone App: Using GPS to Compare Home Prices – Mashable

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Zillow for the iPhone is a free application that ports a surprising amount of the functionality and information from Zillow.com. When GPS location is used, the app will pull up a map view of the area showing nearby homes with housing prices and icons to indicate the status of the house; just as it works on the Zillow website, red means the home is for sale, yellow is recently sold, and blue is “make me move,” or the price at which someone would consider moving.

Zillow has become my standard, go-to website for home information, delivering price estimates, “last sale” amounts, property tax costs, school information and further links to deeper data if the respective home is for sale.  The Zillow iPhone app (direct link to iTunes App Store) delivers most of this in a simple and easy-to-use program.

Zillow’s home price estimate, the “Zestimate,” has received some criticism, but Zillow provides the following disclaimer:

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow’s estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home’s value. The Zestimate is pulled from data; your real estate agent or appraiser physically inspects the home and takes special features, location, and market conditions into account. Variations in price also occur because of negotiating factors, closing costs, and timing of closing.

Zillow does allow for a home owner to provide more information, which may affect the Zestimate, and such adjustments can be made public on the respective home’s Zillow page.

I’ve spent some time with this app and I highly recommend it, especially considering its price – free.

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