2 ms·
Using a model is risky, because there are tons of things you have to price. Is it noisy outside? Is it warm in the winter? summer? Does sunlight pose problems
by danuker 5y ago
Using a model is risky, because there are tons of things you have to price.
Is it noisy outside? Is it warm in the winter? summer? Does sunlight pose problems (too much? not enough?) What taxes are there? Is there an HOA? Is the town growing? Is it in a walkable neighborhood? What amenities are nearby? What color is the counter?
Insufficient models was the bane of Zillow, which paid for it dearly.
https://www./live/2021/11/02/business/news-business-stock-market#zillow-q3-earnings-home-flipping-ibuying https://www./live/2021/11/02/business/news-business-stock-ma...