It depends what you mean by accurate.
Assuming the anemometer is maintained as it came from the factory, it's as accurate as it can be, performing to Davis' specifications.
Siting is a different issue. Most of us can't site our anemometer at 10 m (~30 ft) above ground and away from most obstructions unless we have a large piece of property with no trees. Even on a roof top, there are issues. That said, the wind speed is what it is where you are measuring it and your wind speed will likely be less than your closest airport with an ASOS or AWOS "out in the open". Think about the purpose of your anemometer. One project the FAA is working on is providing weather parameters for UAS for operations Beyond Visual Line of Site (BVLOS). Say a drone is delivering a package in your neighborhood. The winds at the nearest airport are not representative of your neighborhood with building and trees affecting wind flow but home weather stations are representative and most that are internet connected are included NOAA's MADIS data set. Those MADIS observations help create NOAA products including the Helicopter Emergency Medical Services (HEMS) tool and Real Time Mesoscale Analysis (RTMA) - both used by the UAS community for low-level flight where there are no "official" observations.
In my opinion, site it as best you can and don't mess with the hardware except to keep it clean!