An estimate of this parcel's value in Belén, Medellín, 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.
Active listings in the area that back this estimate.
The central estimate is $2,8 M/mes, with a likely range from $2,0 M/mes to $4,5 M/mes ($48.786/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.