Redfin launches new home value estimate tool in Houston (HBJ)

Photo Courtesy of HBJ

Photo Courtesy of HBJ

By Paul Takahashi

Redfin Corp., a national Internet-based real estate brokerage, has launched a new home value estimate tool in Houston that claims to be one of the most accurate in the industry.

The Seattle-based private company negotiated with Multiple Listing Services nationally — including the Houston Association of Realtors — to create its computer-generated home price tool, called Redfin Estimate. The cloud technology-based tool also offers comparable homes used to calculate the estimate, as well as unique home features like waterfront views and quiet streets.

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