Calculadora de Valor de Propiedad — Fórmula
## Property Value Estimation
This simplified comparable sales approach estimates property value using the average price per square foot of recently sold comparable homes, adjusted for condition.
### Formula
**Estimated Value = (Avg Comp $/Sq Ft x Subject Sq Ft) x (1 + Condition Adjustment%)**
### Notes
- Gather at least 3 comparable sales within the past 6 months and 1 mile radius
- Adjust for differences in condition, age, upgrades, and lot size
- This provides a rough estimate; a professional appraisal is more precise
This simplified comparable sales approach estimates property value using the average price per square foot of recently sold comparable homes, adjusted for condition.
### Formula
**Estimated Value = (Avg Comp $/Sq Ft x Subject Sq Ft) x (1 + Condition Adjustment%)**
### Notes
- Gather at least 3 comparable sales within the past 6 months and 1 mile radius
- Adjust for differences in condition, age, upgrades, and lot size
- This provides a rough estimate; a professional appraisal is more precise
Ejemplo Resuelto
Comparable homes sold at an average of $200 per sq ft. Your property is 2,000 sq ft in above-average condition (+5%).
- Base comparable value: $200 x 2,000 = $400,000
- Condition adjustment: $400,000 x 5% = $20,000
- Estimated property value: $400,000 + $20,000 = $420,000