How does Trulia calculate the estimated value of a property?

Trulia calculates the estimated value of a property based on various factors. Our algorithm takes into account the property's location, historical sales data, current market trends, and comparable properties in the area. We analyze a multitude of data points to provide you with an accurate estimate of the property's worth. Additionally, we consider information such as the property's size, features, and condition to ensure a comprehensive valuation. It's important to note that the estimated value is just an approximation and can sometimes differ from the actual market value. However, Trulia continually refines its algorithms to provide the most accurate estimates possible. For a more precise valuation, we recommend consulting a local real estate professional.