Simple Models, Honest Limits, and Better Questions
A small hedonic model or price-per-square-foot regression can frame expectations, but humility protects outcomes. Document assumptions, test sensitivity to condition, and avoid double-counting. Use models to ask sharper questions: which feature truly drives variance here, and which is marketing gloss? Share your reasoning with agents, lenders, or neighbors. Collaborative skepticism turns rough math into shared confidence, reducing surprises during appraisal, inspection, and final signing.