Estimated Value: 480 Orizaba Ave San Francisco, CA 94132
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 Heights
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 183 Ralston St | 2BD/1BA | $600,000 | $394,227 | $205,773 or 34% | $449,971 | $150,029 or 25% |
| 274 Arch St | 2BD/1BA | $632,000 | $405,275 | $226,725 or 36% | $444,363 | $187,637 or 30% |
| 219 Ramsell St | 3BD/1BA | $435,000 | $338,813 | $96,187 or 22% | $495,917 | $60,917 or 14% |
| 657 Palmetto | 3BD/1BA | $500,000 | $519,294 | $19,294 or 4% | $535,391 | $35,391 or 7% |
| 271 Bright St | 2BD/1BA | $500,000 | $419,272 | $80,728 or 16% | $442,147 | $57,853 or 12% |
| 351 Bright St | 2BD/1BA | $528,000 | $521,200 | $6,800 or 1% | $469,953 | $58,047 or 11% |
| 531 Head St | 4BD/2BA | $504,400 | $481,809 | $22,591 or 4% | $591,619 | $87,219 or 17% |
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Copyright ©1996-2013 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 Francisco Association of REALTORS©, but is not warranted.
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