Real estate management and listings company says it’s leveraging vision — computer vision, that is — to improve the accuracy of its Zestimate appraisals. The Seattle, Washington-based company today launched a new benchmark that considers homes’ visual highlights in tabulating property prices, and then adjusts those estimates for locations on the market in order to account for real-time sales data.
“The new Zestimate was inspired by the way the human brain interprets scenes, objects, and images,”
said Zillow chief analytics officer Stan Humphries. “It’s a big leap forward, because it means the Zestimate can now understand not just a home’s facts and figures, but its quality and curb appeal.”
To that end, the Zestimate now leverages AI models trained on millions of photos from sellers, listing