Frequently Asked Questions
How is the valuation calculated?
The estimate uses real comparable property data when available, supplemented by verified market benchmarks for the Dominican Republic. The algorithm considers average price per square meter by property type, adjusted for city location, property condition, and premium features. When sufficient comparable listings exist in our database (5+), the confidence range narrows based on actual market spread rather than a fixed estimate.
How accurate is this estimate?
Accuracy depends on data availability. When backed by 10+ comparable properties, the estimate closely reflects actual market pricing. With fewer comparables, we fall back to verified benchmarks. This is a data-driven estimate, not an appraisal. Actual property values depend on many factors not captured here — exact micro-location, views, finishes, lot shape, title status, and current market conditions.
What does the confidence level mean?
High confidence means 10+ comparable properties were found in our database for your city and property type, giving a narrow, data-backed range. Medium confidence (5-9 comparables) provides a reasonable range. Low confidence means we fell back to market benchmarks — still useful as a starting point, but the range is wider (±15%).
How are premium features valued?
Premium features (pool, ocean view, generator, etc.) each carry a weight based on their impact on property value in the DR market. The combined feature score translates to up to 20% price uplift for a fully-loaded property. This reflects real market premiums — a beachfront villa with pool and ocean views commands significantly more than an identical inland unit.
Why do Samaná prices differ from the national average?
The Samaná Peninsula (Las Terrenas, Samaná, Las Galeras) has its own micro-market with pricing driven by tourism demand and limited beachfront supply. We use locally-verified transaction data for these areas rather than national averages, giving you more accurate estimates for this specific market.
Can I use this for pre-construction properties?
You can use it as a reference, but pre-construction pricing follows different dynamics — developer margins, payment plans, and completion risk all affect pricing. Select "New Construction" as the condition for the closest approximation, but keep in mind that pre-sale prices are typically 10-20% below comparable resale values.
This tool provides data-backed estimates using comparable property data and market benchmarks. It is not a professional appraisal. Actual property values depend on specific location, condition, legal status, and current market conditions. Consult a licensed appraiser for official valuations.
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