Estimated Value: 6252 3rd St San Francisco, CA 94124
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 Bayview Heights
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 1071 Key Ave | 2BD/1BA | $271,000 | $398,129 | $127,129 or 47% | $341,800 | $70,800 or 26% |
| 1158 Jamestown Ave | 2BD/2BA | $268,000 | $465,890 | $197,890 or 74% | $314,300 | $46,300 or 17% |
| 1027 Ingerson Ave | 3BD/1BA | $310,000 | $483,726 | $173,726 or 56% | $325,200 | $15,200 or 5% |
| 1023 Le Conte Ave | 2BD/2BA | $290,000 | $420,422 | $130,422 or 45% | $293,900 | $3,900 or 1% |
| 940 Le Conte Ave | 2BD/1BA | $305,000 | $378,633 | $73,633 or 24% | $303,600 | $1,400 or 0% |
| 1066 Jamestown | 3BD/3BA | $451,000 | $586,148 | $135,148 or 30% | $442,900 | $8,100 or 2% |
| 1314 Gilman Ave | 2BD/1BA | $309,000 | $412,372 | $103,372 or 33% | $319,900 | $10,900 or 4% |
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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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