Customize your appraisal

Trestle's initial appraisal is a strong starting point, but brokers who know their market can sharpen it in seconds. Every change recalculates the valuation in real time — no need to re-run the pipeline.

What you can adjust

Cap rate analysis

The cap rate range Trestle applies is a weighted blend of transaction comps (recently-sold similar properties) and market benchmarks (from brokerage research reports).

Exclude a benchmark: click the toggle on any row in the Cap Rate Analysis table. The applied cap rate and reconciled value recalculate immediately.

Filter by radius: use the Radius Filter above the Cap Rate Analysis section to scope benchmarks to a specific distance from the subject. Options: 10 / 25 / 50 / 100 / 250 / 500 miles. Toggle the "Include national / unknown markets" checkbox to also exclude U.S. National research reports when you want pure local data.

Add a cap rate benchmark manually: if you know of a local transaction Trestle didn't catch, click Add Benchmark. Enter the cap rate, market, and source.

Rent comps

Rent comps drive the market-rent comparison (is this property's rent above or below market?).

Exclude a rent comp: click the toggle on any row. The market-rent conclusion recalculates.

Radius filter: same toggle concept as cap rates, same distance options.

Add a rent comp manually: click Add Rent Comp below the rent comp table. Requires address, $/SF, and tenant/description.

Upload an OM or BoV with comps: if you have a document containing multiple rent or sale comps, use the Upload comps PDF button. Trestle's AI extracts them in 30-60 seconds and adds them to the appraisal.

Reconciled valuation weighting

Trestle reconciles property value as a weighted blend of the income approach (NOI ÷ cap rate) and the sales comparison approach ($/SF of comparable sales). The default is 70% income / 30% sales for stabilized NNN.

Change the weighting: click the weighting sliders in the Reconciled Value card. Good reasons to shift:

• Shift toward income when the tenant has strong credit and long lease (income approach is more predictive)
• Shift toward sales when comps are very similar and recent

Dark value

Dark value estimates what the property would sell for if the tenant went dark (left). Trestle auto-calculates this using market rent, re-tenanting costs, and a stabilized cap rate. You can override the dark cap rate if you have a better assumption for the specific submarket.

Property imagery

If the satellite pin landed on the wrong building (can happen with ambiguous or range-based addresses like "11450-11460 S. Main"), click Override imagery to manually drop a pin on the correct location. Street View and the parcel boundary re-fetch automatically.

Tips

• Work top-down: start with radius filter, then exclude benchmarks you don't trust, then add your own comps, then tweak the weighting. Doing it in order prevents rework.
• Your comp edits persist: if you re-run the pipeline later, your manual exclusions and additions stay in place.
• Don't over-customize: Trestle's defaults are calibrated to produce institutional-grade valuations. If you find yourself making 10+ adjustments, talk to your lender about their expected methodology first.