Estimated Value: 98 Midcrest Way San Francisco, CA 94131
How accurate are the Automated Valuation Models (AVM)?
Automated estimates are interesting to look at and compare. There are countless AVMs in the marketplace, each claiming to be more accurate than the rest. The most sophisticated among these are available exclusively to the real estate industry - primarily to lenders and appraisers. These complex mathematical algorithms use various data sources to profile property and determine an estimated value range.
How does a database know that your new kitchen finishes are high-end and reflect the latest trends? How can it take into account that your garden is right off the living area and protected from the winds, unlike the similar house next door? Many crucial factors are not factored into computer generated estimates, which is why the value range they offer is wide and unreliable.
Zephyr agents can refine value in a way AVMs cannot. Contact us for a no obligation analysis and introduction into how we can provide consummate value and service to you.
Estimate vs. Actual: Recent Sales in Midtown Terrace
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 690 Panorama Dr | 5BD/2BA | $736,000 | $855,118 | $119,118 or 16% | $888,214 | $152,214 or 21% |
| 500 Dellbrook Ave | 3BD/2BA | $818,000 | $805,509 | $12,491 or 2% | $905,434 | $87,434 or 11% |
| 610 Panorama Dr | 3BD/2BA | $879,000 | $748,949 | $130,051 or 15% | $920,193 | $41,193 or 5% |
| 98 Midcrest Way | 3BD/2BA | $1,150,000 | $743,212 | $406,788 or 35% | $1,050,862 | $99,138 or 9% |
| 67 Sunview Dr | 2BD/1BA | $715,000 | $503,850 | $211,150 or 30% | $757,387 | $42,387 or 6% |
| 141 Marview Way | 3BD/1BA | $808,000 | $1,062,806 | $254,806 or 32% | $937,026 | $129,026 or 16% |
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Copyright ©1996-2013 Zephyr Real Estate. All rights reserved.
This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted.
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