How to Use the Apartment Fair Value Calculator
Enter a recent comparable sale price for the same floor size, then select the floor level and unit orientation of the property you are evaluating. The tool applies standard market premiums and discounts to estimate a fair value range, then compares it to the current listing price.
Floor Level Premium
Low-floor units (1–5) trade at a discount due to noise, limited views, and reduced privacy. High-floor units (15+) carry a premium for panoramic views and natural light. The ±5% adjustments used here reflect typical market patterns, though the actual gap varies by building type and surroundings.
Orientation Premium
South-facing units maximize winter sun exposure and are widely preferred, commanding the highest baseline price. East- and west-facing units are priced slightly lower, while north-facing units typically sell at the largest discount due to minimal direct sunlight.
Frequently Asked Questions
Use your local government's property transaction database and filter for the same building, same floor size, and sales from the past 3–6 months. Avoid using prices that are too old or from very different floor levels.
No — the adjusted fair value is a market-based estimate. Factors like building age, renovation quality, amenities, and local demand all affect the actual price. Use this as a starting point for negotiation, not a definitive appraisal.