AUTOPROP's CMA tool provides REALTORS® with two calculations to support your property evaluation.

The CMA calculates one price range based on market activity using floor area, and a second calculated using lot size.

The calculation using floor area is as follows:

(Average Price Per Square Foot Floor Area x Floor Area of Subject Property) ± 3%.

= Lower end of range (-3%) - Higher end of range (+3%).

The calculation using lot size is as follows:

(Average Price Per Square Foot Lot Size x Lot Size of Subject Property) ± 3%.

= Lower end of range (-3%) - Higher end of range (+3%).

There is a 6% point differential in total between the lower end of the range and the higher end of the range.

With your discretion, you can use either range to support your recommendation to your client:

The price ranges will re-calculate each time you remove or add a listing to your listings table:

Message us in the live chat, Monday-Friday between 8AM-5PM PST with any questions.