Pricing bands for each property type.
Price scales with asset complexity, not asset size. A $3M multifamily building has ~4× the 5-year personal property of a $3M office building, and the studies reflect that. Below, six property types with their typical price band, 5-year reclassification rate, and Year-1 deduction range at 100% bonus depreciation (PY 2025).
Property type pricing reference
Single-family rental
Detached long-term rentals. The most frequently quoted property type in 2026 (42% of automated quotes). Low construction variance makes this segment nearly fully automatable.
- Typical basis
- $200K – $800K
- Best fit tier
- Automated
- Sample size
- 847 quotes
Short-term rental (STR)
Airbnb / VRBO properties. Higher furniture, fixtures, and personal property content than SFR — STRs typically reclassify 22–28% to 5-year, making the study materially more valuable than for a comparable long-term rental.
- Typical basis
- $300K – $1.2M
- Best fit tier
- Automated
- Note
- Avg material participation rules apply
Condominium
Individually owned residential condos (rental units, not owner-occupied primary residences). Lower 15-year allocations than SFR because land improvements are typically owned by the HOA and excluded from basis.
- Typical basis
- $250K – $900K
- Best fit tier
- Automated
- HOA land imp.
- Excluded from basis
Multifamily · 2–4 units
Duplexes, triplexes, quadplexes. Priced higher than SFR because unit count drives 5-year fixture allocation, but still automatable — no MEP complexity beyond standard residential systems.
- Typical basis
- $400K – $1.5M
- Best fit tier
- Automated or Mid-market
- Common driver
- Per-unit fixture count
Multifamily · 5+ units
Apartment buildings. The inflection point where a hybrid mid-market firm is often the best fit — common areas, parking, and building systems are material enough to justify engineer involvement, but not so complex that they require a full site visit.
- Typical basis
- $1.5M – $10M
- Best fit tier
- Mid-market
- Inflection point
- ~$3M (automated → mid)
Commercial
Office, retail, industrial, warehouse, mixed-use. The price range explodes here because complexity does: a $1.5M retail strip can be automated; a $40M mixed-use tower with specialized MEP cannot. Property value alone is a poor predictor of price.
- Typical basis
- $1M – $50M+
- Best fit tier
- Mid-market or Traditional
- Price driver
- MEP complexity > value
| Property | Typical basis | Study price | 5-yr alloc. | 15-yr alloc. | Y1 deduction | Best-fit tier |
|---|---|---|---|---|---|---|
| STR | $300K – $1.2M | $595 – $1,695 | 25% | 10% | $84K – $276K | AUTO |
| MF 5+ | $1.5M – $10M | $2,495 – $8,500 | 24% | 12% | $486K – $3.2M | MID |
| MF 2–4 | $400K – $1.5M | $795 – $2,495 | 22% | 9% | $124K – $465K | AUTO |
| Condo | $250K – $900K | $495 – $1,395 | 19% | 2% | $53K – $179K | AUTO |
| SFR | $200K – $800K | $495 – $1,495 | 18% | 8% | $52K – $156K | AUTO |
| Commercial | $1M – $50M+ | $1,895 – $25K+ | 14% | 11% | $280K – $14M | TRAD |
5-year allocations are rounded medians from 2,314 study data points. Individual properties may deviate ±5 pp from typical.