About the AI Property Valuator
What is the AI Property Valuator?
Professional valuers rely on the comparable sales method: what did similar homes nearby actually sell for? This property valuator applies that method to the sales you enter.
Paste recent sales one per line as area and price. The tool converts each into a price per square foot, takes the median, which is not thrown off by one unusual deal, and applies it to your area with your own adjustment for condition, floor or view.
How to use the AI Property Valuator
- Recent Comparable Sales (one per line: area in sq ft, price in ₹) — one sale per line: area in sq ft, price in ₹. For example: 1150, 9500000. (sample: 1150, 9500000 1300, 10600000 1050, 8800000 1250, 10100000)
- Your Property's Area (sq ft) (sample: 1,200)
- Your Adjustment for Condition / Floor / View (%) — positive if your property is better than the comparables, negative if it is worse. (sample: 0)
- Press Value from Comparable Sales (results also refresh as you type). The result card shows the Estimated Value of Your Property, along with Median comparable rate, Lowest comparable rate, Highest comparable rate and Range at low / high comparable.
Formula used
Estimated value = Median (Price ÷ Area of each comparable) × Your area × (1 + Adjustment %)
- Comparable = a recent sale of a similar property in the same locality
- Adjustment = your correction for differences such as floor, view, furnishing or age
Use at least four comparables from the last 6–12 months for a reliable estimate.
Worked example
These are the sample values already filled in the calculator above, and the result it returns for them:
| Input | Sample value |
|---|---|
| Recent Comparable Sales (one per line: area in sq ft, price in ₹) | 1150, 9500000 1300, 10600000 1050, 8800000 1250, 10100000 |
| Your Property's Area (sq ft) | 1,200 |
| Your Adjustment for Condition / Floor / View (%) | 0 |
| Result | Value |
|---|---|
| Estimated Value of Your Property | ₹98,48,829 |
| Median comparable rate | ₹8,207 per sq ft |
| Lowest comparable rate | ₹8,080 per sq ft |
| Highest comparable rate | ₹8,381 per sq ft |
| Range at low / high comparable | ₹96,96,000 – ₹1,00,57,143 |
Tips for using the AI Property Valuator
- Use registered sale prices, not asking prices from listing sites.
- Compare like with like: the same area measure (carpet or super built-up) for every sale.
- Leave out distress sales and sales between relatives, which do not reflect the market.
