Estimated Value: 133 12th Ave San Francisco, CA 94118
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 Lake Street
| Address | Beds/Baths | Sold Price |  Estimate | Off By |  Zestimate® | Off By |
|---|---|---|---|---|---|---|
| 2345 Lake | 4BD/2BA | $2,450,000 | $2,507,935 | $57,935 or 2% | $2,274,456 | $175,544 or 7% |
| 147 20th Ave | 3BD/2BA | $1,775,000 | $1,571,239 | $203,761 or 11% | $1,681,122 | $93,878 or 5% |
| 147 14th Ave | 4BD/3BA | $2,425,000 | $870,223 | $1,554,777 or 64% | $2,075,839 | $349,161 or 14% |
| 114 21st Ave | 3BD/2BA | $1,100,000 | $1,224,073 | $124,073 or 11% | $1,381,605 | $281,605 or 26% |
| 158 22nd Ave | 3BD/2BA | $2,000,000 | $826,699 | $1,173,301 or 59% | $1,503,218 | $496,782 or 25% |
| 1544 Lake St | 4BD/2BA | $2,000,000 | $1,857,515 | $142,485 or 7% | $1,930,055 | $69,945 or 3% |
| 134 5th Ave | 4BD/2BA | $1,800,000 | $1,017,426 | $782,574 or 43% | $1,694,046 | $105,954 or 6% |
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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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