Home Value Market Value Technology 
Housing Wire
SEPTEMBER 8, 2023
This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. Future ARV (after-remodeled value): The projected market value post-renovations.
Housing Wire
FEBRUARY 3, 2025
.” Over-assessed homes are likely to lead to higher property taxes, according to Ownwell. The company said that commonly used, outdated appraisal systems often produce incorrect home values. Ownwell can identify an over-assessed home and formally request a reduction on the homeowner’s behalf.
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Cleveland Appraisal Blog
AUGUST 6, 2021
Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. With wide-angle lenses and amazing camera technology, a good photographer can make a room look more attractive in a picture than in person. HOME VALUES AND OVER-PAYING. They may rely on pictures they see online.
Housing Wire
AUGUST 3, 2023
Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” However, it was deemed as too challenging technologically so it languished.
D Fritz Appraisals
SEPTEMBER 19, 2019
Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.
Lamacchia Realty
APRIL 17, 2024
Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. Investing in hardwood represents a commitment to long-term appeal.
Housing Wire
MAY 25, 2021
An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. To determine a value for the subject property, the most common AVM method is the use the prices of comparable properties that were recently sold.
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