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Why Online Home Values Are Often Wrong for Luxury Homes

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Why Online Home Values Are Often Wrong for Luxury Homes

Automated valuation tools offer convenience, but they struggle to capture the nuance of luxury homes.

Algorithms rely on averages, yet higher‑end properties vary dramatically in architectural style, renovation quality, and lifestyle appeal.

Two homes in Ladue or Clayton may share similar square footage but sell at very different prices because buyers respond to emotional elements like privacy, outdoor entertaining space, or natural light.

Luxury buyers evaluate homes through experience rather than data alone.

Details such as ceiling height, layout flow, and neighborhood prestige influence perceived value.

These factors rarely appear in automated models, which is why online estimates often feel inaccurate to homeowners.