We do not allow you to modify the estimated value of the property to insure that it stays fair and representative of your subject.
The EVIA’s role is to make the real estate market more transparent by providing information to market stakeholders. The estimates are calculated using automated statistical-learning models. The EVIA accounts for several variables, including the year of construction, property size, value in the assessment roll and location. This data, combined with sales of comparable properties, is used to generate the automated appraisal.
For some unique properties or for markets with few transactions, it may be difficult for an automated tool to provide a fair market value. In cases in which the value appears to be incorrect, we suggest that you hire a certified appraiser.