The Redfin Estimate provides owners with the most
accurate valuation estimate available, with only a 1.79 % error rate for on - market properties and a 6.27 % error rate for off - market properties.
Not exact matches
But industry experts don't get paid to simply look up 5 yr - old tables — shareholders can obviously expect they're receiving the most
accurate & up - to - date LE
estimates & policy
valuations.
Automatic
Valuation Models (AVM's) aren't very reliable for an
accurate estimate on price because they do not take into consideration location or condition of a property.
Appraisal - based indices are only as good as the
valuation estimates used to construct them, and Green Street has long devoted sizable resources to deriving
accurate estimates of the values of the properties owned by REITs.