1. What is the Davao Rent Calculator?

The Davao Rent Calculator estimates rental prices for properties in Davao, Philippines by comparing similar properties and adjusting for unique features.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Comparable Davao Rents — Rental prices of similar properties in the same area
• Features Adjustment — Percentage adjustment for unique property features (-50% to +50%)

Explanation: The calculator averages comparable rents and then adjusts for special features that might increase or decrease the rental value.

3. Importance of Rent Estimation

Details: Accurate rent estimation helps landlords set competitive prices and helps tenants evaluate if a rental price is fair for the Davao market.

4. Using the Calculator

Tips: Enter at least 3 comparable rental prices from similar properties in Davao. Adjust the features percentage based on how your property compares (better features = positive %, worse features = negative %).

5. Frequently Asked Questions (FAQ)

Q1: Where can I find comparable rents in Davao?
A: Check online rental platforms, local real estate agencies, or community boards for similar properties in the same neighborhood.

Q2: What features should I consider for adjustment?
A: Consider size, amenities (pool, gym), furnishings, location (proximity to schools/malls), and overall condition.

Q3: How accurate is this estimate?
A: Accuracy depends on how comparable your reference rents are and how well you assess feature differences.

Q4: Should I use this for commercial properties?
A: This calculator is designed for residential properties. Commercial rents follow different market dynamics.

Q5: How often should I update my rent estimate?
A: Re-evaluate every 6-12 months or when significant changes occur in the local rental market.