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The Zestimate home valuation is Zillow's estimated market value for a home, computed using a proprietary formula. It is a starting point in determining a home's How We Calculate the Redfin Estimate. The most accurate online estimate. According to an independent study of on-market homes, the Redfin Estimate is Get fast, free estimates and recent sales information with PennyMac's online home value tool. Compare our estimated appraisal value to the Zestimate®.