[quote=jpinpb]Here’s what I just noticed about Redfin that I’m taking issue with. Setting aside comps as far as size of house, condition, lot size and whether there’s a view, they are using comps from a different ZIP code. For example, 2235 Denver is in 92110. But the comps they’re providing are including 92117.[/quote]
jp – Some parts of bay park are in 92117. For example, the area north of Clairemont drive, east of Morena blvd. That area has much more in common with the subject house than some parts of 92110. The house you cite is only 5 blocks from the 92110/92117 border.
In fact, 92110 falls into at least three very distinct neighborhoods, including parts of Point Loma, Old Town, and Bay Park/West Clairemont. The Midway neighborhood of Point Loma is 92110. So is Old Town. These areas have less in common than Bay Park has with some parts of 92117.
I think redfin uses a radius to pull up comparable properties. While that is flawed as well, it is no more flawed than using zip code boundaries.
