Estimated Sales ValueReliable. Calculated. Accurate.
Finding the Estimated Sales Value of a Property Couldn’t be Easier with ATTOM Data Solutions
Estimated sales value is used in real estate appraisals. Sellers review estimated sales value to ensure their sale price isn’t lower than what the property is worth. Buyers, and specifically lenders, use the estimated sales value to ensure the property is worth at least the purchase price.
However, in “non-disclosure” states which include: Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming this data is not always available. Therefore, it’s necessary to estimate the sales value based upon other determining factors.
Estimated Sales Value Advantage
The estimated sale value is applied to arms-length transactions with a first mortgage associated in the sale and calculated depending on which of these loan types are used: FHA, VA, or Conventional.
Certain transactions such as interfamily transfers, quit claims, and standalone mortgages are excluded.