Property Valuation
Every Fabrica property page, and the token's metadata, shows a few value figures so buyers, sellers, and lenders can size up a parcel. This page explains what each one means. For the methodology behind them, see how Fabrica values land, the FabricaAVM, and the signals it triangulates.
The figures you'll see
| Figure | What it is | How to read it |
|---|---|---|
| Estimated value | Fabrica's AVM estimate, combined conservatively with a third-party land signal | A modeled estimate, shown with a confidence level. Lower confidence means treat it with more caution. |
| Assessed value | The local tax assessor's value | Useful for tax context; usually well below market and updated on irregular schedules. |
| Last sale price | The most recent county-recorded sale | Historical context; may be stale, and some transfers (gifts, foreclosures) are not arms-length. |
These figures are written into the token's metadata, so they travel with the token to external marketplaces such as OpenSea and any application that reads it.
Estimates are a starting point
Value figures are inputs for evaluation, not official appraisals.
Land valuation is inherently imprecise, estimates vary between providers, and remote or unique parcels are harder to value. Review comparable sales, weigh the property's specific characteristics, and obtain a formal appraisal when the stakes warrant it. The published confidence level exists precisely so low-confidence estimates are treated with appropriate caution. For how lending underwrites against these figures, see Valuation signals and underwriting.
The signed price oracle
Fabrica's estimated value is also published as an EIP-712 signed price quote through a public endpoint, so lending pools, vault curators, and analytics tools can consume a verifiable reference price. The same data that powers the property page powers the oracle.
- For owners: the oracle is funded by an annual subscription on the property side, similar to a tax assessment or a title-insurance premium.
- For developers and integrators: see Price Oracle for the endpoint, signing scheme, and on-chain integration.