How is the estimated value calculated?
The estimated value is the average price per square metre of the selected comparable properties multiplied by your property's total area in square metres: average price per m² × property size (m²) = estimated value.
How the calculation works
- CASAFARI finds a group of similar properties in your area. It selects them by key characteristics such as location, size and features.
- It calculates the price per square metre for each comparable property.
- It calculates the average price per square metre across all selected comparables.
- It multiplies that average by the total number of square metres of your property.
Good to know
- You can choose or adjust the comparables used in your valuation yourself. The average price per m² is based on the comparables you select, so changing them can change the estimated value.
- The total area of your property feeds directly into the calculation. Check that it is correct.
If you need help with a valuation, contact support@casafari.com or go to Help Center > Contact Us inside the platform.
Registered prices in the estimate
Registered transaction prices come from official sources: Notariado in Spain, INE in Portugal, DVF in France, Agenzia delle Entrate in Italy and RCN in Poland and Statistik Austria in Austria. Comparables with a registered closing price are added automatically when the valuation finds them, so their price per m² feeds into the average, which you can adjust by choosing your own comparables.
All of this — the comparable selection, the registered closing prices and the adjustable average — is what CASAFARI Valuation & Market Study brings together when you run an estimate for a property.
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