Home
E-Estimate: Predict your property's worth.
The E-Estimate is a method that uses artificial intelligence (AI) and machine learning (ML) to figure out the value of a house based on what houses are selling in your area. The more details it has about a house, like its size, number of rooms, bathrooms, and parking space, the better it can predict its value. This method also pays attention to how house prices are changing in the area and gets better at making guesses by learning from this information.
How accurate is E-Estimate?
We continuously monitor the accuracy of E-Estimate by comparing
Actual sales prices for recently sold property over a 3-month period.
Those property’s estimates at the end of the month prior to sale.
How is E-Estimate calculated?
The E-Estimate calculates property values using machine learning, which collects information from across the country. It gathers data from various real estate listings and agencies.
E-Estimates provide you exact details about the size, location, and number of bathrooms.
Sale-related details such as the listing price, the description of the home, comparable homes in the area, and the time it has been listed.
Market trends, which vary seasonally and influence buyer interest in properties
FAQs
How is SuperEstimate determined?
Can I change my SuperEstimate?
Does the SuperEstimate algorithm ever change?
estrata.co Assistant
Real Estate Expert
Try asking about: