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Not all AVM models are created equal. The difference lies in the data.
The Impact of Climate Change on Property Values The risk of natural hazard risk in United States is on the rise. According to the National Centers for Environmental Information, there were 22 weather and climate disasters in 2020 which cost over $1 billion. This is nearly 150% more than the avera...
The Application of Social Network Graph Analysis in Comparable Selection An automated valuation model (AVM) provides an estimate of market value for the subject property at a specified point in time. Most AVM methodologies use comparable properties recently sold to value the subject property, ide...
Quality and condition are two key components used to determine the value of a residential property. A newly renovated home that has a gourmet kitchen and an updated bathroom will be much more expensive than a similar home with only above-average quality and condition. Unfortunately, these two fac...
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