CASAFARI’s products for the real estate appraiser
CASAFARI supports real estate appraisers with its Property Valuation tool (CMA report) and Comparables API. These solutions compare a property against similar assets in the same location—accounting for area, construction year, condition, energy performance certificates, amenities, and local asking-price distribution and evolution—either within CASAFARI’s web application or directly integrated into an appraiser’s existing software workflow.
Property Valuation: property appraisal based on data
The asking price of a property cannot be defined solely by its room count or square metres – it is a combination of multiple factors that lead to a fair value. Information such as the year of construction, the condition of the property, its location, how many similar properties are on the market, and what their asking prices are should also be accounted for when calculating a property’s value.
And that’s exactly how our Property Valuation tool can help the property appraiser – by showing them how it’s placed on the market, according to its competitors. Our report will compare the property to those with the most similar characteristics, located in the same area, to suggest which would be the fair market price.
How to make a property valuation with CASAFARI
In our Property Valuation report, you will find:
- Total & plot area, construction year, floor, orientation and number of rooms;
- Condition of the property and energy certificate;
- Amenities of the property (garage, swimming pool, lift, storage, etc.);
- Which are the comparable properties and what their asking prices are;
- Other details, such as appliances, high ceilings, electric blinds, light exposure, etc.;
- The price distribution and evolution for similar properties in that area.
Every detail that you may need to finish your real estate appraisal is already there and available for you in a few minutes, which makes our CMA the perfect tool to speed up your work process while still ensuring a thorough analysis of a property.
Comparables API: data tailored to the real estate appraiser
If you already have your own tools and methods to go through the real estate appraisal process, that’s not a problem: you don’t need to use CASAFARI’s real estate software to have access to our data. With CASAFARI’s property data APIs, you get to add all the information you need to the system you already work with.
The Comparables API documentation, for instance, allows developers and valuation teams to integrate and run comparable market analyses just like the ones from our CMA tool. So, if using a new software is not an option, this API becomes a valuable solution to the property appraiser.
The advantages of using CASAFARI’s property data API
CASAFARI’s Property Valuation and Comparables APIs broaden the view of the real estate appraiser and provide data that allows them to set accurate property prices efficiently. Start improving your valuation workflow with CASAFARI.
Frequently asked questions
Which property characteristics are included in a CASAFARI Property Valuation report?
A CASAFARI Property Valuation report includes total and plot area, construction year, floor level, orientation, room count, property condition, and energy certificate status. It details amenities such as a garage, swimming pool, lift, or storage room, along with additional features including appliances, high ceilings, electric blinds, and light exposure. Furthermore, the report lists comparable properties with their asking prices alongside local asking-price distribution and market evolution.
How does CASAFARI calculate a fair market price for a property appraisal?
Rather than relying solely on room count or square metres, CASAFARI’s Property Valuation tool evaluates multiple market factors simultaneously. It compares a property against competing listings with similar characteristics in the same area while analysing local price distribution and historical trends to estimate a fair market value.
Can real estate appraisers integrate CASAFARI’s valuation data into their own software?
Yes, real estate appraisers who already rely on proprietary appraisal systems or custom workflows do not need to switch platforms. They can integrate CASAFARI’s Comparables API to run comparative market analyses and access valuation data directly within their existing software.
Does CASAFARI include closing prices as well as asking prices in property valuations?
Yes, alongside asking prices sourced from indexed property listings, CASAFARI incorporates closing prices from official open data, notary records, and client-reported transaction figures. Appraisers can view comparables with real closing prices to evaluate active market asking prices alongside actual transaction values.
How quickly can an appraiser generate a Comparative Market Analysis (CMA) report with CASAFARI?
All property details, comparable property metrics, and local price trends are compiled into a comprehensive Comparative Market Analysis (CMA) report in just a few minutes. This speeds up the appraisal workflow significantly without compromising the depth or rigor of the analysis.