An estimate of this parcel's value in Menga, Cali, with the most likely range and the sources that back it. It's an estimate based on public data — not an official appraisal.
How our estimate of this parcel has evolved, month by month.
Estimated cost of living · Stratum 6
$16,6 M / month
if you rent in this area, for a 1-person household
Estimate from public data (DANE ENPH, CPI, poverty line). Model in calibration — not an official cost.
Sources: DANE — ENPH 2016-2017, Cuadro 13 División · DANE — IPC 2026-05 variación anual por ciudad y cadena anual Total IPC · DANE — Pobreza Monetaria 2024 (línea Medellín A.M.)
Active listings in the area that back this estimate.
The central estimate is $12,5 M/mes, with a likely range from $2,5 M/mes to $16,4 M/mes ($69.363/m²), with a confidence of 80%.
Because the real value depends on details the model doesn't always know. The p10–p90 range is honest: it says where the value is most likely to fall, not a falsely precise number.
We cross-reference cadastre (IGAC), estrato (DANE), listings on offer and, when available, registered sales (SNR). We match those sources to the parcel and compute a p10–p90 range with a confidence level.
We recalculate daily with the current listings and keep a monthly record of the appraisal, which is what you see in "Appraisal over time".
No. It's an informed estimate based on public and market data, useful to orient you. A certified appraisal is performed by an authorized expert — this does not replace it.