TitleFlex: Estimated Value vs. Full Value
When retrieving sales comparables through TitleFlex you will come across two displays when reviewing the property value, either estimated value or full value.
Some counties are not permitted to release sales prices, TitleFlex then compiles all available data to provide you with an estimated value. It takes into account the value range, the properties around it, last sales, assessed value, and if it’s available from the assessor or the appraisal value market the improvement value. Essentially the estimated value is the price of the property within the market. See an example below of an estimated value display for sales comparables.
Below is an example of a full value display. A full value refers to how much was paid for the property the last time it was sold.