Users of the personal finance site Mint.com will now be able to view a value estimate for their home from real estate portal Zillow, the two companies announced Wednesday.
Mint.com allows users to keep track of all of their financial accounts in one place for free and provides tools to help them save money. The site has 3.5 million users. To view a home value estimate, or Zestimate, from Zillow, Mint users add a real estate account to their Mint portfolio and enter their home address. They then have the option of accepting the Zestimate or manually entering their own estimate.
"This will give Mint users a more complete financial picture so they can save and do more with their money," said Aaron Patzer, vice president and general manager of Intuit Personal Finance Group and founder of Mint.com, in a statement.
"Because a home is usually a person’s largest asset, it makes perfect sense for us to integrate with Zillow, to help our users track their home’s Zestimate in their Mint account."
The proprietary formula for Zestimates takes into account comparable sales as well as home characteristics such as number of bedrooms and bathrooms, square footage, lot size, and remodels, according to Zillow.