The Confidence Score will always range from 60-100. That represents the chance or statistical probability that a home will sell at a certain price. If it’s lower than 60, Realist will not show it on the report.
The Forecast Standard Deviation (FSD) will always be a lower number and represents the percentage of the estimated sale price range (plus/minus) that Realist believes the actual sale price should fall within. Realist will show that range on the report as well.
So, if a property looks like this,
ForecastStandard Deviation: 10%
Then the best way to read through this would be:
Realist believes that there is a 92% chance or statistical probability, that the home will sell between 10% (plus or minus) of $200,000. And that range of 10% is shown under the range section ($180,000-$220,000).