Estimated Value

Pacific Heights Condominium
2427 Divisadero, Pacific Heights, CA 94115
04 Bedroom | 03 Bathroom | 01 Parking

Learn What It's Really Worth

Sold For: $2,055,000 on 4-23-2012

Zestimate®: $3,829,383Zillow Real Estate Search

Appraisal: N/Aeppraisal

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.

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Estimate vs. Actual: Recent Sales in Pacific Heights

AddressBeds/BathsSold Priceeppraisal
Estimate
Off ByZillow Real Estate Search
Zestimate®
Off By
2865 Vallejo Street3BD/2BA$7,450,000N/AN/A$8,055,398$605,398 or 8%
2470 Broadway5BD/4BA$6,500,000N/AN/A$7,903,381$1,403,381 or 22%
2820 Jackson Street5BD/3BA$4,000,000N/AN/A$5,060,671$1,060,671 or 27%
2215 California Street5BD/4BA$5,050,000$1,647,116$3,402,884 or 67%$4,831,214$218,786 or 4%
2660 Scott Street7BD/7BA$13,075,000N/AN/A$15,028,811$1,953,811 or 15%
46 Presidio Avenue4BD/3BA$3,900,000N/AN/A$4,908,919$1,008,919 or 26%
2535 Vallejo Street3BD/3BA$5,600,000N/AN/A$7,906,652$2,306,652 or 41%
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