In today's market, it is only natural to wonder about the value of your home. At Coastal Sotheby's International Realty, we value your time and have employed a number of tools to assist you in the process of buying or selling your home. That’s where AVMs come into play. Try it out here:
So, what is an AVM? An Automated Valuation Model takes a huge amount of data, including property records, property listings from different platforms, and data such as the size of the home, number of rooms, location, and home quality characteristics. AVMs typically use advanced analytics, such as machine-learning algorithms, to analyze these different data points for a given property to predict a property’s current value.
The AVM is just one of many tools we encourage which, combined with the incredible professionalism and care you will receive from the brokers at Coastal Sotheby's International Realty, will ensure that you have a powerful upper hand in selling your home.