- It will offer you the best result in a fraction of the time.
- AVM delivers results on the basis of property characteristics, location, and previous transaction data.
- This calculation system reduces human intervention.
- It beautifully saves time for the financier, the buyer, and the seller.
- Manual property inspection to be carried out only in select cases.
Estater helps you create value from real estate
What Is AVM?
AVM is the machine behind Estater, the amazing calculator. With the combination of a large set of data, AVM offers an accurate and current value of real estate. It generates property values with more than twenty steps of validation. AVM is based on data science and machine learning concepts.
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Why Choose This Surprising Calculator?
How AVM in Estater Meter estimates property price?
- AVM makes use of the previous transaction data of lands and properties to generate the estimates of property values.
- The data is associated with a number of amenities, such as highway access, mosques, universities, shopping centres, etc.
- Property features such as land area, corner, access streets, etc. are captured automatically.
- Machine goes through more than 25 iterations and predicts the value of a property.
What makes the Automated Valuation Model a Unique Calculator?
- The value is subject to features of the individual property such as highway distance, corners, etc.
- It helps in the decision-making process by reducing the need for manual inspection that consumes time and cost.
- AVM furnishes the price of real estate corresponding to the block and district.
- It also lays out the nearby geographical factors of a property.
- Risks are minimized in the entire appraisal process.
What is the overall Objective of the AVM (Automated Valuation Model)?
- AVM is the decision-making algorithm that aims to estimate the precise value for any type of property instantly.
- It implements more than 36,000 lines of code to produce a fast and accurate result.
- AVM valuation models remove human biases and subjectivity, relying on machine objectivity.
- Gives you an opportunity to compare similar real estate values.
- It reduces the cost of valuing a property as compared to the traditional methods.
- The output of AVM is free from fraud risk and manipulation.
- AVM saves time, money, resources, and efforts in determining the actual value of the property.
