Opinión de Valor (Broker Price Opinion)oh-pee-nee-OHN deh vah-LOR
Opinión de valor is an informal market-value estimate for a property provided by a real estate agent or broker, based on comparative market analysis. Unlike a certified avalúo, it has no legal foundation in Mexico and cannot be used for bank financing, tax filings or court proceedings.
By Daniel Ortega · Last reviewed 14 November 2026
How it works
A real estate agent or broker performs the estimate, analyzing comparable sales and basic property data. The opinion is a commercial tool, focused almost exclusively on the market approach. It typically includes photos, property characteristics and recent comparable asking prices in the neighborhood. Turnaround is fast—often 2 to 5 days. No specific certification is required to issue an opinión de valor. Cost is typically free when an agent provides it to win a listing, or between USD 50 and 300 (approximately MXN 900 to 5,400 at November 2026 exchange rates) if ordered independently. In contrast, a formal avalúo costs MXN 3,000 to MXN 8,000 and is required for mortgages, notary closings and tax filings. Foreign buyers and sellers in Quintana Roo use an opinión de valor to set initial asking or offer prices, but a certified avalúo is mandatory for closing.