Estimated Value: 26 Fernwood Dr San Francisco, CA 94127

Monterey Heights, Single-Family Homes
Sold for $1,270,000 on 12-15-2010
Zillow Real Estate Search Zestimate®: $1,343,900
eppraisal: $1,209,303
» Find out What This Property is Really Worth

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 Monterey Heights

AddressBeds/BathsSold Priceeppraisal
Estimate
Off ByZillow Real Estate Search
Zestimate®
Off By
184 Maywood Dr3BD/2BA$1,230,000$1,065,081$164,919 or 13%$1,212,400$17,600 or 1%
70 San Jacinto Way3BD/3BA$1,300,000$1,474,401$174,401 or 13%N/AN/A
246 Yerba Buena3BD/3BA$901,080$663,306$237,774 or 26%$1,021,100$120,020 or 13%
42 Fernwood Dr3BD/2BA$650,000$1,115,204$465,204 or 72%$984,900$334,900 or 52%
65 Maywood Dr4BD/3BA$1,066,800$1,075,280$8,480 or 1%$1,428,300$361,500 or 34%
26 Fernwood Dr4BD/3BA$1,270,000$1,209,303$60,697 or 5%$1,343,900$73,900 or 6%
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