Bahamas Real Estate Appraisals & Valuations
Find out what your Bahamas property is actually worth — based on closed sale prices, not asking prices from listing portals. Glenn Ferguson provides Comparable Market Analysis (CMA) using actual MLS closed data, $/sqft trends, and 24+ years of island-specific market intelligence. Complimentary for buyer and seller clients.
Request a Free CMA
Tell Glenn the property address and your purpose — buying, selling, EPR, or estate planning — and he'll send a Comparable Market Analysis with closed sale data.
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BREA Licensed #1247
Bahamas MLS MemberProperty Valuations Explained
What Is a Bahamas Real Estate Comparable Market Analysis?
Glenn's CMA includes: 3-5 comparable recently sold properties in the same area, $/sqft analysis for the specific neighborhood (not island-wide averages), days-on-market trends showing how quickly properties sell, current active competition (what you're competing against), price adjustments for condition, features, waterfront access, and lot size, and a recommended price range based on all factors.
CMA vs. formal appraisal: A CMA is the market intelligence used for pricing decisions, negotiation, and investment analysis. It's provided by Glenn at no cost. A formal appraisal by a certified Bahamas appraiser is a separate, licensed process required for mortgage-backed purchases — typically costing $1,500-$5,000+. Glenn coordinates with certified appraisers when formal appraisals are required.
Using asking prices from listing portals as "market value." In The Bahamas, asking prices often differ significantly from closed sale prices. Many portal listings are outdated or already sold. Only closed MLS data — which Glenn has — shows what properties actually sell for.
"The biggest pricing mistake I see is international buyers using Zillow-style thinking in The Bahamas. There is no Zillow here. Closed sale data is private and only accessible through MLS membership. When I provide a CMA, I'm giving you data that isn't available anywhere online."
Need to Know What a Property Is Worth?
Glenn provides a complimentary CMA with closed sale comps — not asking prices.
When You Need a Valuation
Six Situations Where a Bahamas Property Appraisal Matters
Buying
Ensure you're not overpaying. Glenn's CMA shows what similar properties actually sold for — not what sellers are asking.
Selling
Price correctly from day one. Overpricing kills momentum and adds months on market. Glenn's comps drive accurate listing price.
EPR / Residency
$1M minimum investment. The government may require property value documentation. Glenn provides CMA suitable for EPR applications.
Estate Planning
Accurate valuation for wills, trusts, and succession. Bahamas has no inheritance tax, but proper documentation protects heirs.
Refinancing
Banks require appraisal for refinancing. Glenn's CMA supports your case, and he coordinates with certified appraisers for formal documentation.
Insurance
Replacement cost valuation for hurricane and property insurance. Critical in The Bahamas where coverage requirements differ from the US.
"I provide CMA for EPR applicants at the $1M threshold because the government can request proof of value. One client nearly lost their EPR application because they relied on an asking price that didn't match closed comparables. Accurate valuation prevents that." EPR Guide.
How Glenn Provides Valuations
Glenn's CMA Process: Three Steps to Accurate Value
Property & Purpose
Tell Glenn the property address (or criteria), your purpose (buying, selling, EPR, estate), and any specific concerns. He starts with MLS data and on-the-ground knowledge.
Research & Analysis
Glenn pulls 3-5 closed comparables from MLS, calculates $/sqft by neighborhood, reviews days-on-market, identifies active competition, and adjusts for condition, features, and location.
CMA Report & Guidance
Glenn delivers a CMA report with recommended price range, market context, and specific guidance for your situation — whether that's a negotiation target, listing price, or EPR threshold confirmation.
"I don't just send you three comps and a number. I explain why the market is where it is — what's driving values up, what risks exist, and how the specific property compares to recent transactions. Context matters as much as the data."
Selling? Get Your Property Priced Right.
Glenn's CMA prevents overpricing — the #1 reason Bahamas listings sit on market too long.
Island-by-Island Data
What Are Bahamas Properties Actually Worth in 2026?
| Island / Area | Median Sale Price | $/SqFt Range | Avg Days on Market | 2025-26 Trend |
|---|---|---|---|---|
| Nassau & Paradise Island | ~$495K | $250–$1,800+ | 90-180 | Stable-to-rising |
| Cable Beach / Baha Mar | ~$1.2M | $450–$1,500+ | 60-120 | Rising (new supply) |
| Exuma | ~$900K | $350–$2,000+ | 120-240 | Rising (tourism boom) |
| Eleuthera & Harbour Island | ~$750K | $300–$1,800+ | 90-180 | Fastest growth (+30%) |
| Abaco | ~$550K | $200–$1,200+ | 120-200 | Recovery (post-Dorian) |
| Grand Bahama | ~$350K | $150–$600+ | 150-270 | Value entry (rebuilding) |
Using island-wide averages to value a specific property. "Nassau median" is meaningless when pricing a Lyford Cay estate or a South Beach condo. Glenn's CMA drills to neighborhood and street-level comparables — the only data that matters for your property.
What Drives Bahamas Property Values
10 Factors That Affect Your Bahamas Property Valuation
Island & Neighborhood
Nassau commands 70% of transactions. Exuma premiums can be 2-3x. Even within Nassau, $/sqft varies 5x between neighborhoods.
Waterfront vs. Inland
Beachfront, canal front, and harbour view properties command 50-200% premiums. Dock access on deep water adds further value.
Hurricane Resilience
Impact windows, concrete construction, elevation, and generator infrastructure directly affect value and insurability in The Bahamas.
HOA Rules & Rental Restrictions
Buildings that allow short-term rentals (under 45 days) can be worth 20-40% more than identical units in long-term-only buildings.
Resort & Amenity Proximity
Proximity to Baha Mar, Atlantis, Four Seasons, and new resort development drives both value and rental income potential.
Construction Quality & Age
CBS (concrete block) construction, roof condition, recent renovations, and systems age all factor into valuation — especially for insurance.
Gated Community & Security
Lyford Cay, Ocean Club, Albany, Old Fort Bay — gated communities with private security command significant premiums.
EPR Qualification ($1M+)
Properties at or above the $1M EPR threshold attract a specific buyer pool willing to pay a premium for residency eligibility.
Lot Size & Elevation
Lot size affects value differently by island. In Nassau, large lots are scarce. In the Family Islands, waterfront footage matters more than total acreage.
Title Clarity & Zoning
Clear conveyance title (not generation title) and proper zoning for intended use are prerequisites for accurate valuation.
"I've seen two identical-looking condos in the same building have a $200K value difference — one allowed Airbnb, the other didn't. HOA rental rules are the single most overlooked factor in Bahamas valuations. I check HOA docs before I price any property."
Buying? Don't Rely on Asking Prices.
Glenn's CMA shows what properties actually sell for — not what sellers hope for.
Request a Valuation
Get a Free Bahamas Property Valuation
Tell Glenn the property address (or search criteria) and your purpose — buying, selling, EPR, or estate planning. Glenn delivers a CMA with closed sale comps, typically within 24-48 hours.
Related Guides
Bahamas Real Estate Guides by Glenn
Can Foreigners Buy?
Full ownership rights, legal process, costs, mortgage, and best areas for foreign buyers.
Read the Guide7 Things to Know
Critical facts — HOA traps, real costs, island selection — that separate informed buyers from costly mistakes.
Read the GuideComplete Buying Guide
Step-by-step process from search to closing with cost breakdowns and area analysis.
Read the Guide2026 Market Report
12.5M visitors, $7B tourism revenue, island-by-island pricing, luxury data, and Glenn's forecast.
Read the ReportResidency by Investment
$1M EPR threshold, 10-year hold, 90-day presence, qualification, and tax advantages.
Read the GuideMeet Glenn Ferguson
BREA #1247, Bahamas MLS, residency consultant. 24+ years across 6 islands.
Meet GlennFrequently Asked Questions
Bahamas Real Estate Appraisal FAQ
How much is my Bahamas property worth?
What is a Comparable Market Analysis (CMA)?
Do I need an appraisal to buy in The Bahamas?
How does Bahamas valuation differ from the US?
What factors affect Bahamas property values?
Is an appraisal required for Bahamas residency?
How much does a Bahamas property appraisal cost?
What is the average property value in Nassau?
Can I get a remote property valuation?
Who should I call for a real estate appraisal in The Bahamas?
Who provides the most accurate Bahamas valuations?
Find Out What It's Actually Worth
Complimentary CMA from Glenn Ferguson. Closed sale comps, $/sqft data, and market context — not asking prices from a portal.
Disclaimer: Glenn Ferguson's Comparable Market Analysis (CMA) provides market intelligence for pricing and investment decisions. For formal, certified appraisals required by lenders or government agencies, Glenn coordinates with licensed Bahamas appraisers. This page does not constitute a formal appraisal or legal advice.
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