Estimated Value: 1333 Jones St 1001 San Francisco, CA 94109
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 Nob Hill
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 1155 Washington St | 4BD/3BA | $1,310,000 | $1,309,500 | $500 or 0% | $1,816,800 | $506,800 or 39% |
| 1157 Washington St | 2BD/1BA | $900,000 | $983,714 | $83,714 or 9% | $918,600 | $18,600 or 2% |
| 1429 Sacramento St | 4BD/2BA | $1,338,000 | $1,243,197 | $94,803 or 7% | $1,654,600 | $316,600 or 24% |
| 12 Auburn St | 2BD/1BA | $678,400 | $673,598 | $4,802 or 1% | $652,200 | $26,200 or 4% |
| 1290 Broadway | 3BD/1BA | $1,150,000 | $1,059,382 | $90,618 or 8% | $1,667,100 | $517,100 or 45% |
| 1230 Sacramento St | 3BD/3BA | $6,400,000 | $6,311,967 | $88,033 or 1% | $6,405,900 | $5,900 or 0% |
| 1061 Pacific Ave | 3BD/3BA | $1,950,000 | $1,604,225 | $345,775 or 18% | $1,648,700 | $301,300 or 15% |
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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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