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An intricate look at Auto Valuation Models

Seminars for Estate Agents
To understand more about AVMs, click here

Property Valuation for Real Estate Professionals

Not a professional? Go to Property Value for homeowners.

Accurate Property Valuation is one of the pivotal keys to success in real estate. Sellers want top price for their property, whilst buyers are more often than not looking to buy low. A fair and objective property valuation will help buyers and sellers find common ground and earn you trust as a credible estate agent or valuer.

An accurate and detailed property valuation is usually presented in the comparable market analysis (CMA) to client. Property valuation methods vary but the common denominator remains current, reliable and relevant comparable sales in the street, sectional scheme, block or neighbourhood on which to base your property valuation. SAPTG's Computer Assisted Valuation report delivers precisely this in an easy-to-search, simple-to-use format.

Whilst the final property valuation is determined by your analysis of the report and your area specific expertise, a Computer Assisted Valuation (CAV) gives you the required information to make your assessment. The report is based on the property address (or erf number and suburb) and gives you:

  • The sales history of the property dating back to 1993
  • 20 most recent neighbourhood sales based on vicinity to the property
  • A map indicating the neighbourhood sales and subject property's location
  • Summaries of the total, highest, lowest, average and median value for the street and suburb per year
  • A list of the closest amenities to the property, such as shopping centres, education institutions, medical facilities and police stations

In addition to this DIY approach, SAPTG offers an advanced property valuation solution with the Automated Valuation Model (AVM). This report includes the full CAV plus provides an additional module.  The AVM module provides an estimate of the current market value of the property based on sophisticated technology and methodology by evaluating property and neighbourhood trends and automatically locating comparable sales data.  An approximate property value is calculated. 

View CAV and AVM property valuation sample reports

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On the road and need an instant property evaluation?  

EVALUATE was born out of the necessity for real estate professionals (and the general public) to be able to access accurate, reliable property evaluations anywhere, anytime.  By combining sophisticated price prediction methodolody and simply SMS functionality you can receive an instant property evaluation - to your cell phone when you need it. 

Simply SMS 'Find' and the property address to 32545 and you will receive the current estimated property value - instantly.  SMS's are charged at R30.  Read more about Mobile Property Valuation.