Generate a Sale and Rental Price Estimate

December 17, 2024 05:43

Generate a Sale and Rental Price Estimate

You can generate a Sale and Rental Price Estimate from a Property Report by selecting Property Estimate.

The Pricefinder Sale and Rent Estimate is a user assisted tool that allows you to generate a sale and/or rental price estimate for a house or unit using current market conditions.

Generate a Pricefinder Estimate

Navigate to the Property Report and select Pricefinder Estimate under Appraisal Tools
or Enter the Property Address in the Quick Search and select Property Estimate
Enter the property attributes, or check the existing attributes are correct, check or update the Property Type. Select Run Pricefinder

Compare the six nearby sales by using the slider to compare each nearby sale to your property.

View the condition of the comparable properties by selecting the property photo to view the photo gallery. After viewing the images, select the x in the top right of the gallery to return to the estimate.

Slightly Worse/Worse:	If a comparable sale is in relatively poor condition when compared to your subject property
Slightly Better/Better:	If a comparable sale presents better than the subject property
Not Comparable:	If a sale is not comparable, 'remove and replace' to display another nearby sale

Select the Comparable Rentals tab to compare the six nearby rentals by using the slider to compare each nearby rental to your property
View the updated Market Estimate to the left of the page as the estimate updates as each the slider is adjusted for each comparable property.

Print the Report

You can choose to print the estimate as a PDF report.

Select the Print Report tab
Select if you wish to display a Cover Page and which Report Content to include.
Select Show Estimate Report to generate a PDF.

I want an automated estimate

Pricefinder also provides an automated estimate based on comparable sales in the area. This is available on the Property Report under Estimate Range.

The automated estimate considers the property attributes and area, but does not consider additional features or the quality of the finishing.

What is the difference between the two estimates?

The Pricefinder Estimate is a user assisted estimate that allows you to consider the quality of the finishing for a more refined estimate. The automated estimated considers the property attributes and area, but does not account for additional features or the quality of the finishing.