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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.

Updated over a week ago

Where to Find Your Property Valuation

On both the Property Dashboards, you’ll find a Valuation Over Time chart, which visually tracks changes based on your selected methodology.

Make sure you are selecting a property. Portfolio dashboards will not display the valuation chart.

How to Update or Change the Valuation Method

To manage your valuation method:

  1. Navigate to the Property Dashboard for the relevant property.

  2. Click the 3 dots in the top-right corner of the Valuation Over Time card.

  3. Select Update Valuation.

  4. In the fly-out menu, choose your preferred valuation method.

  5. Click Save to apply 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 that don’t have reliable automated estimates or when you have a recent appraisal.

Gross Rent Multiplier (GRM)

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

  • Ensure 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: Zestimate and other auto-generated valuations may be less reliable. Consider using Custom, GRM, or Cap Rate methods instead.

  • Keeping Valuations Current: Set a reminder to review and update valuations periodically—especially if preparing for financing, a sale, or portfolio analysis.

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