Property Valuation Tool
Estimate property value using three professional methods.
Reconciled Value Estimate
$388,499
Range: $345,800 - $437,853
Comparable
$437,853
Income
$345,800
Cost
$375,188
Subject Property
Comparable 1
Adjusted: $430,000 | $/sqft: $239
Comparable 2
Adjusted: $437,000 | $/sqft: $230
Comparable 3
Adjusted: $422,000 | $/sqft: $241
Comparable Sales Value
$437,853
Avg $/sqft$237
Subject sqft1,850
Understanding the Three Approaches
Comparable Sales: Best for residential properties with active markets. Based on recent sales of similar properties.
Income Approach: Best for investment properties. Values based on income-generating potential.
Cost Approach: Best for unique or new properties. Based on replacement cost minus depreciation.
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