Multifamily Valuations in Minutes

Institutional-grade multifamily valuations using transaction-level data and machine learning. Built for Investors, Brokers and Lenders.

483,193

Current Transaction Database

9.6%

Median error vs. closed transaction prices

24/7

No scheduling or human delays

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Why Propraisal

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Minutes, Not Weeks

Generate a defensible valuation in minutes instead of waiting days or weeks for traditional appraisals. Make faster investment decisions.

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Replace $5-15K Appraisal Fees

On-demand valuations at a fraction of traditional appraisal costs. No more expensive consultant engagements or lengthy processes.

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Built Exclusively for Multifamily

Models trained on multifamily transaction data—not single-family noise. Handles distressed properties, development sites, and institutional portfolios.

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Transparent, Confidence-Scored Predictions

Every valuation includes accuracy probability. 9.6% median error on high-confidence predictions, validated on 480,000+ real U.S. transactions.

Who It's For

Built for professionals who need reliable multifamily valuations

Investors

Make faster, data-driven acquisition decisions with instant valuations.

  • Screen deals quickly before committing resources
  • Validate asking prices against market data
  • Generate defensible valuations for internal approval
  • Track portfolio values across multiple properties

Brokers

Provide clients with instant market valuations to support listings and negotiations.

  • Generate preliminary valuations for new listings
  • Support pricing recommendations with data
  • Respond to buyer inquiries immediately
  • Differentiate your service with technology

Lenders

Pre-screen opportunities and validate collateral values before ordering full appraisals.

  • Initial loan sizing and feasibility checks
  • Red-flag distressed or overpriced deals early
  • Reduce appraisal costs on non-viable deals
  • Portfolio monitoring and revaluation

Powered by Advanced Machine Learning

Trained on 480,000+ verified multifamily transactions across the U.S., continuously retrained as new sales close

Machine Learning & AI

Our ensemble architecture combines Random Forest and Gradient Boosting models (50/50 split) with a sophisticated two-model confidence system achieving 0.75 AUC. Random Forest builds hundreds of independent decision trees, each trained on different subsets of data, then averages their predictions to reduce overfitting and improve stability—particularly valuable for handling the diverse property types and market conditions in NYC multifamily. Gradient Boosting takes a sequential approach, where each new tree corrects the errors of previous trees, creating a powerful model that excels at capturing complex, non-linear relationships between property features and sale prices. We employ 95/5 stratified split validation by borough and year, analyzing 40 engineered features with interaction terms to capture complex market dynamics.

Valuation Methodology

Using hedonic pricing principles, we analyze each property characteristic individually to determine its marginal contribution to value. Our system incorporates 200+ neighborhood-specific cap rates derived from actual transaction data, performs implied value analysis across normal, distressed, and development scenarios, and applies market timing adjustments for pre-COVID, COVID, and recovery periods.

Intelligent Detection Systems

Advanced algorithms identify distressed properties using violation data and market signals, recognize development sites by distinguishing land plays from income-generating properties, filter non-market transactions such as family transfers and bulk sales, and segment properties into high, medium, and low quality tiers for more accurate comparisons.

Data Infrastructure

Our training dataset spans 88,639 transactions across multiple market cycles, integrating data from PLUTO, HUD, DOF, and violation databases. Geospatial analysis identifies luxury zones and institutional corridors, while real-time processing delivers instant valuations. The system continuously learns from new transactions to maintain accuracy across changing market conditions.

How It Works

Four steps to get your multifamily valuation

1

Provide Property Details

Address, unit count, and vintage. No rent roll required.

2a
Random Forest

Ensemble of decision trees capturing non-linear relationships

2b
Gradient Boosting

Sequential learning through iterative error correction

3

Meta Model

A third machine learning model selects the optimal valuation strategy for the property, either random forest, gradient boosting, or an aggregate of both.

4

Receive Valuation Report

Comprehensive valuation with confidence score and range.

Enterprise Pricing

Flexible plans designed to scale with your multifamily valuation needs

Starter

$499
per month
  • 50 valuations per month
  • Basic property data access
  • Standard support
  • CSV export
  • 30-day data retention
Get Started

Enterprise

(Custom)
contact sales
  • Unlimited valuations
  • Full data warehouse access
  • White-label solutions
  • Custom model training
  • Unlimited data retention
Contact Sales
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NYC Multifamily Case Study

In blind tests against closed NYC transactions, Propraisal achieved 9.6% median error on high-confidence predictions—comparable to traditional appraisals at a fraction of the time and cost. For high-confidence predictions (64% of all properties), 68% fall within 20% of actual sale price. Similar performance observed across additional U.S. metros.

9.6%

Median Error (High Confidence)

68%

Within 20% (High Confidence)

R² = 0.921

Test Set Performance

88,639

Properties Analyzed

Model Performance Visualizations

Request a Sample Valuation

See Propraisal in action with a sample valuation for your property. Built for professionals—no commitment required.

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