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7/19/2006
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Yahoo Licenses Zillow.com Home-Valuation Engine

Zillow.com, launched in beta in February, provides estimated prices for nearly 67 million of the 88 million houses and condos in the United States.

Yahoo Inc. on Wednesday launched a new home valuation service powered by startup Zillow.com.

The Sunnyvale, Calif., portal is offering the service through Yahoo Real Estate. Consumers also can access the service by going to Yahoo Search and searching for "home values."

Zillow.com, launched in beta in February, provides estimated prices for nearly 67 million of the 88 million houses and condos in the United States, according to the company. The homes are plotted on street maps and aerial views that include estimated values of buildings in the neighborhood.

Yahoo Real Estate will provide its own mapping and aerial views, but will use Zillow's estimated home values, along with local comparables and historical price trends. To find the information, a user needs to type in the home address.

In April, privately held Zillow.com started offering 45-degree, low-altitude aerial views of property through integration with Microsoft Corp.'s Virtual Earth service. Seattle-based Zillow.com does not release number of unique visitors, but gives estimates released by Web metrics firm ComScore Networks, which said the company had 2.2 million unique visitors in March.

Zillow.com investors include venture capital firms Benchmark Capital and Technology Crossover Venture.

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