Reflect the feature in the numbers it changes
PriceDNA does not have individual inputs that automatically add or subtract value for property age, year built, property class, condition, building size, square footage, lot size, finishes, bedrooms, bathrooms, or renovations. It does not assign each feature a premium or discount that moves the PriceDNA Estimate™.
That does not mean those features are ignored. It means you reflect them where they actually affect the deal, in the assumptions you enter or confirm.
Here’s an example. Say the seller updated the kitchen to help sell the property, but rent is still $900 a month. If similar rentals show that $975 is achievable, you can model the extra $75 as potential upside. PriceDNA accounts for the update through that achievable rent, not through a separate premium for the kitchen’s finishes.
The same idea applies to age, condition, size, and every other physical characteristic: reflect them through achievable rent, repairs, make-ready, reserves, insurance, maintenance, taxes, financing, and management.
Why this matters to you
A feature can appeal to buyers without helping a rental pay its bills. If it does not bring in more rent or lower costs, paying extra for it could push the price above what your income and goal can support. An expensive feature can even add upkeep costs without adding rent.
Property features still count. Their value needs to show up in your numbers, not just in the price.
That is different from estimating what a property’s physical characteristics are worth on the open market. PriceDNA is not an appraisal. For how PriceDNA values a property, and how that differs from a market appraisal, see the methodology.