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A CMA is prepared based on recent sales of similar properties in similar locations and takes condition, upgrades, remodeling etc. into consideration.An AVM does not take condition or upgrades etc. into consideration because it does not have this information. Neither does it generaly take specific location into consideration. A couple of streets away and a home may be in a different school district or suffer from road noise etc.AVM's can never be a substitute for a CMA that is prepared by a conscientious and capable real estate agent.Bernard Gibbons
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++Bernard Gibbons, J. Rockcliff RealtorsDRE License # 01331583[hotlinks deleted by Zillow moderator]
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