Zillow, the home sales website that nosy homeowners use to see how much their neighbors’ homes are valued at (or maybe that’s just us) … is adding rentals to its repertoire, according to D.C. Urban Turf. Zillow is well known for its “Zestimate” tool that uses public property data and information from similar properties to generate an estimate of a home’s sale value.
Now it’s bringing that tool to rental units, which are reaching new levels of demand as the latest housing bust has either forced families back into rental units or kept potential home buyers at bay.
The tool, which started Thursday, still needs refining. Urban Turf reports its accuracy is hit-or-miss on several D.C. apartment units. Looks like apartment hunters are still better off — for now — searching through specialists websites or contacting management companies directly.
But that’s not to say nosy renters out there can’t have their fun with this one!
