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How does Perch come up with its property value estimates?

Alex Leduc avatar
Written by Alex Leduc
Updated over 2 weeks ago

To estimate your current property value, we use a market-based approach that blends both personalization and data transparency.

We take the average growth rates in your area, specific to your property type, and apply those trends to your most recent purchase price or formal appraisal. This calculation is refreshed monthly, so you can easily track how your property value—and return on investment—changes over time.

We update property value estimate on the 20th day of every month. If you're subscribed to notifications, we will send you an alert when we've recalculated your property valuation each month.


What if My Property Estimate Seems Off?

If your estimate looks incorrect, it’s often due to missing or outdated property details. Before assuming the worst (or the best), take a moment to:

Check your property details in Perch:

  • Go to your dashboard and open your Property Details.

  • Review fields like:

    • Purchase price

    • Purchase date

    • Property type

    • Postal code

    • Appraisal value (if one was provided)

These inputs directly affect how your estimate is calculated—so if any of them are incorrect or incomplete, your value may not reflect market conditions accurately.

Still think something’s wrong?

  • If your details are accurate and the value still seems off, reach out to the Perch support team and ask to speak with someone.

  • Our team can help review your estimate and provide more context—or escalate if necessary.

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