The Home Facts section of the Property Details page includes information about a property such as the number of bedrooms and bathrooms, its square footage, the lot size, the type of construction, the year it was built, its heating and cooling system, and more. This information comes from public records data or, if the house is on the market, listings data.
A user can modify these facts, and arrive at a revised valuation estimate for the property as a result. Simply enter new facts into the cells adjacent to the current facts, then press “Save Changes.” Below the current AVM estimate, you will see an adjusted “Refined Value” price. Here's the Home Facts section that can be changed:
The new estimate is shown after the change:
Please note that only the Home Facts fields for Bedrooms, Baths, Living Area and Year Built will create a Refined Value. Also note that Total Rooms are not counted by RPR, but rather provided via public records and/or the MLS source; RPR displays what it has received.
When making changes to Home Facts or Refined Value, the Total Rooms field must not be less than the sum of Bedrooms and Bathrooms (full). For example, a property with 3 bedrooms and 2 full baths cannot be changed to have 3 Total Rooms, unless the number of bedrooms and/or full baths is also decreased.
The revised Home Facts are shown only to the individual user, not other RPR users. If you find a significant public records or listing error, you should call the RPR Customer Support Center at 877-977-7576. Customer Support representatives will be able to correct the error on the RPR website.
You can also include additional home facts not included in the standard facts list. To add a feature to the home facts, select the "add new row" option from the bottom of the Home Facts section. Your updates will be added and display as you save them.
You can also add and save the names of home facts that don't appear in the standard list. For example, suppose you are working on a CMA for a client, and the property includes valuable features not shown in the list? No worries, you can add them as free text, as shown below:
You can build a library of custom features you may find in your local marketplace for use with future properties. The custom facts section flows over to Comp Analysis and various RPR reports.
In addition, you can manage your custom home facts and view the number of properties to which you added a custom fact.