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Property Estimates

This article explains how view your property estimates and override those values if necessary

1. Overview

When you upload your properties in Property Tools, the system attempts to enrich your properties with external public information about your property.   One of the data points that pulled is a 3rd party estimate of your property value.   This value will update monthly however it might be on a 30 day plus lag as our 3rd party valuation provider makes the data available.

You can see the most recent value we have for your property in the property table in the main Properties page.    Additionally, you can see the historical save values from the Property Estimates page linked from the main Property page.

2. Missing or Incorrect Values

While our valuation engine is designed to deliver reliable and data-driven property value estimates, there may be instances where an automated valuation cannot be generated or the provided estimate differs from your expectations. These scenarios can occur due to limited available market data, unique property characteristics, or recent renovations not yet reflected in public records. If you encounter a missing or unexpected value, PropertyTools empowers you with full control—simply enter your own valuation directly in the platform. This override ensures your financial reports and dashboards reflect the most accurate and relevant information for your decision-making, supporting a precise view of your real estate portfolio’s performance.

To submit an override, follow these steps

1. Go to the Property Estimates screen

  • From the Properties homepage, click Estimates.

  • This view lists all properties with their current system-generated values and

  • Select Override to change a property estimate.


2. Locate the property you want to update

  • Use the dropdown menus to quickly find a property and choose an estimate year.



3. Enter a new value

  • Find the property’s estimate you want to change.

  • Type in your preferred value to override the system’s estimate.


4. Save your changes

  • Click Save to apply the override.

  • An override indicator will appear next to the property to show the estimate has been adjusted.

 


5. Verify the update

  • The new value will now flow into reports, dashboards, and your property page.

  • All portfolio calculations will use your override moving forward.