Estimated Value: 699 Pennsylvania Ave 8 San Francisco, CA 94107
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 Potrero Hill
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 1817 19th St | 3BD/2BA | $1,825,000 | $1,508,700 | $316,300 or 17% | $1,656,829 | $168,171 or 9% |
| 779 Wisconsin | 2BD/2BA | $1,150,000 | $466,329 | $683,671 or 59% | $780,936 | $369,064 or 32% |
| 2104 23rd St | 3BD/3BA | $1,428,000 | $804,982 | $623,018 or 44% | $1,168,724 | $259,276 or 18% |
| 901 De Haro St | 4BD/4BA | $3,180,000 | $664,570 | $2,515,430 or 79% | $2,689,069 | $490,931 or 15% |
| 761 Kansas St | 4BD/3BA | $3,195,000 | $1,319,585 | $1,875,415 or 59% | $2,147,718 | $1,047,282 or 33% |
| 422 Utah St | 3BD/2BA | $1,050,000 | $662,560 | $387,440 or 37% | $872,167 | $177,833 or 17% |
| 1425 20th St | 2BD/1BA | $1,055,000 | $887,469 | $167,531 or 16% | $930,128 | $124,872 or 12% |
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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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