Estimated Value: 1278 1280 17th Ave San Francisco, CA 94122
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 Inner Sunset
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 1248 Funston Ave | 4BD/2BA | $998,000 | $852,586 | $145,414 or 15% | $959,700 | $38,300 or 4% |
| 1676 19th Ave | 2BD/1BA | $629,000 | $648,077 | $19,077 or 3% | $548,200 | $80,800 or 13% |
| 1574 18th Ave | 3BD/2BA | $700,000 | $743,157 | $43,157 or 6% | $770,600 | $70,600 or 10% |
| 1868 10th | 3BD/1BA | $845,000 | $745,890 | $99,110 or 12% | $859,900 | $14,900 or 2% |
| 1518 7th Ave | 3BD/1BA | $900,000 | $681,658 | $218,342 or 24% | $701,600 | $198,400 or 22% |
| 1714 12th Ave | 3BD/2BA | $1,050,000 | $1,131,837 | $81,837 or 8% | $1,014,200 | $35,800 or 3% |
| 1459 15th Ave | 3BD/1BA | $800,000 | $712,600 | $87,400 or 11% | $786,800 | $13,200 or 2% |
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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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