Bots are confused about this Hidden Valley Lake home
The property at 19085 Coyle Springs Rd in the gated community of Hidden Valley Lake is a 3 bedroom, 2 bathroom single-family home with 1692 square feet of living space. It was built in 1989 and last sold for $329,000 in 2018. It features a large backyard with a deck. The kitchen has been recently updated with new appliances and granite countertops.
What do the bots think about this home's value? Here are screenshots of what we found:
From a low of $337,000 from Chase, to a high of $415,846 from Remax, the bots differed in their estimates by as much as $78,846.
That's a difference of 23% between the bots.
What was the expert's list price? Team Toye listed this property for $374,950 in June of 2023.
Let's see how the expert's price compares with each of the bot estimates:
What is the potential impact on the homeowner? What do they stand to lose or gain, if the property sold for the list price?
On average, bots priced this home at $381,722, which is $6772 or 2% less than the expert's price. That's not too bad. It's still almost $7k.
Looking at the bots individually, Redfin and BofA were pretty close to the expert's price.
Chase priced the property $38,000 below the expert. Remax priced it $41,000 more! The bots are confused.
Thinking about selling? Don't trust bots to estimate your home's value. Request a property value report from one of the Lake County experts from Team Toye. It's free and without obligation.
