Estimated Value: 75 Cerritos San Francisco, CA 94127
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 Ingleside Terrace
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 745 Victoria St | 5BD/2BA | $940,000 | $1,468,995 | $528,995 or 56% | $1,101,800 | $161,800 or 17% |
| 50 De Soto St | 5BD/3BA | $1,075,000 | $1,162,975 | $87,975 or 8% | $1,099,500 | $24,500 or 2% |
| 20 Paloma Ave | 3BD/2BA | $730,000 | $613,982 | $116,018 or 16% | $845,600 | $115,600 or 16% |
| 2127 Ocean Ave | 5BD/2BA | $790,000 | $593,660 | $196,340 or 25% | $763,000 | $27,000 or 3% |
| 35 Cerritos Ave | 3BD/2BA | $1,200,000 | $1,205,349 | $5,349 or 0% | $1,202,900 | $2,900 or 0% |
| 739 Victoria St | 3BD/1BA | $950,000 | $898,957 | $51,043 or 5% | $869,200 | $80,800 or 9% |
| 640 640 Victoria | 3BD/1BA | $850,000 | N/A | N/A | $775,900 | $74,100 or 9% |
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Copyright ©1996-2012 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 Franccisco Associatiation of REALTORS©, but is not warranted.
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