What can be taken out of a property valuation, and what cannot
Producing a valuation document involves two very different kinds of work. One is professional judgement. The other is paperwork. Értéktanú removes the second.
The episode is in Hungarian.
The episode, embedded:
Anyone who has worked on a property valuation knows that most of the effort is not the judgement. The judgement — what the property is worth — takes a few hours. What follows is the document: data entry, finding comparable properties, yield calculation, neighbourhood description, market context, mandatory attachments, reasoning, formatting. The same structure, every single time.
That part can be automated. The professional judgement cannot.
What the system does
The video above walks through the whole process in ninety seconds. In short:
First a few basic details, then identifying the property — address, land registry number, floor area. None of it has to be typed in by hand: the system reads it from a photo or PDF of the title deed. Then come the characteristics: rooms, technical condition, a few photos, a floor plan.
From there the system calculates. Market comparison, yield calculation, and the final figure derived from both. It drafts the descriptive chapters — the neighbourhood profile, the regional analysis, the market segment — on the valuer's behalf, who can then edit them freely. Mandatory attachments are ticked off against a checklist, so nothing depends on memory. At the end comes the written reasoning, and the finished document.
What does not change: verifying the content remains the valuer's responsibility. The system produces a draft, not an expert opinion.
What it deliberately does not do
With a valuation tool, what the system refuses to take on matters just as much.
It does not decide which comparable properties are relevant and which are not. It suggests, but the final selection is a human decision — and most disputed valuations are settled precisely there.
It does not see the property. Technical condition, orientation, noise exposure, the state of the building: these can only be judged in part from photographs. Where an inspection is needed, no software replaces it.
And it does not take on liability. The generated text is a draft: whoever signs the document has to read and approve every statement in it. This is not small print, it is how the product is meant to work.
Why the preview is free
This was a deliberate decision, and it deserves an explanation.
With a professional tool, the biggest barrier to entry is not price but uncertainty. You cannot tell in advance whether the system works for your kind of work until you have run a real case through it. If that costs money, the decision has to be made blind.
So on Értéktanú the entire process can be completed, and the finished document viewed in preview, free of charge. It is not a limited trial: every step is available and freely editable, without restriction. Only one thing requires authentication — downloading the file.
That way the payment decision comes after you have seen what you are getting.
Two routes to authentication
The finished document can be made usable in two ways.
As a certified property valuer, the endorsement carries your own registration number. There is no surcharge; the fee is a flat 10,000 HUF per document, regardless of property type. Professional responsibility stays with you, exactly as before.
If you are not a valuer, you can request VProperty authentication: a certified valuer reviews and approves the finished document.
One important distinction: the instant estimate on the ertektanu.hu home page, based on four questions, is not the same thing. It draws on district-level transaction statistics for Budapest, is indicative only, and does not constitute a valuation, a certificate of value, or a purchase offer. The two should not be confused.
Why now
As the market slows, documentation carries more weight.
In August 2026 there were 8,077 residential transactions nationwide, 29 percent fewer than a year earlier and 13.1 percent fewer than in July (Duna House estimate via Portfolio). At the end of August there were 148,000 residential properties for sale, up 12 percent year on year, while enquiries fell by more than 40 percent — 44 percent in Budapest and 43 percent in county seats (ingatlan.com data via Infostart).
Average time to sell rose nationally to 95 days from 84 a year earlier, and for Budapest flats to 75 days from 45 (ingatlan.com Tudástár). The Hungarian Central Statistical Office recorded 32,500 residential transactions in the first quarter of 2026, 11 percent fewer year on year, and 17 percent fewer in Budapest (KSH house price index).
When transactions thin out and dispersion widens, value can no longer be read off an average asking price. What is needed is a derivation: what you compared it against, with which adjustments, under which assumptions. That is precisely the part that consumes the most manual effort — and the part worth handing to a machine, so that time is left for the judgement.
Try it
The preview is free and can be completed end to end after registration. Watch the video, then run a real property through it — by the end you will see exactly what it puts in your hands.