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Valuation Over Time

One of Stessa's most powerful benefits is the ability to run a current valuation in real-time based on key variables.

Where to Find Your Property Valuation

On each Property Dashboard, you’ll find a Valuation Over Time chart that tracks changes based on your selected valuation method.

Make sure you’ve selected a property. Portfolio dashboards don’t display the valuation chart.


How to Update or Change the Valuation Method

  1. Go to the Property Dashboard for the property.

  2. Click the three dots in the top-right corner of the Valuation Over Time card.

  3. Select Update Valuation.

  4. In the flyout menu, choose your preferred valuation method.

  5. Click Save to apply your changes.


Available Valuation Methods

Stessa supports several valuation approaches, depending on your preference and property type.

Zillow Zestimate (Default)

  • Pulled directly from Zillow.

  • Click the "Zillow Zestimate" field on the Valuation Over Time card to refresh it with a current value.

  • Best suited for single-family homes and duplexes.

Custom Valuation

  • Manually enter a valuation figure.

  • Ideal for properties without reliable automated estimates, or when you have a recent appraisal.

Gross Rent Multiplier (GRM)

  • Based on the formula: Valuation = Market Rent × GRM

  • Make sure your Rent Roll is complete, or enter "Market Rent" manually.

  • Commonly used in certain local markets.

Capitalization Rate (Cap Rate)

  • Based on the formula: Valuation = NOI ÷ Cap Rate

  • Requires accurate Net Operating Income (NOI) and a selected cap rate.

  • Include a vacancy assumption for more accurate projections.


Tips & Recommendations

  • Multi-family properties: Zestimates and other automated valuations may be less reliable. Consider using the Custom, GRM, or Cap Rate methods instead.

  • Keeping valuations current: Set a reminder to review and update valuations periodically, especially when preparing for financing, a sale, or portfolio analysis.

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