If you're looking to update the valuation of your property, there are two ways you can do this.
1. How to update your property market value and growth forecast in TaxTank using CoreLogic Data
You can update both market value and growth percentage at the same time using CoreLogic’s data. Here’s how:
Select the Property Tank, and then the property you want to update.
Select the Equity tab, and then click “Update Market Value” to fetch CoreLogic’s latest valuation data.
Choose how to update the value:
Market Value: Use CoreLogic’s estimated valuation and confidence range by adjusting the sliders, or manually enter your own value if you have specific insights.
Growth Forecast: Apply CoreLogic’s market trends or customise the forecast by adjusting the slider to match your expectations.
Save changes, and your property value and growth percentage will be updated together.
🚨 Note: CoreLogic’s valuation uses real-time market data, but if your property has unique features or recent renovations, you may want to manually adjust the value to better reflect its worth.
2. How to update your property market value with a formal valuation
Select the Property Tank, and then the property you want to update.
Select the Equity tab, and then click “Update Market Value”.
Select Manual, enter the valuation details and upload your valuation document.
Save changes, and your property value will be updated together.
