 | This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. (July 2009) |
An Automated Valuation Model (AVM) is a system for the valuation of real estate that provides a value of a specified property at a specified date, using mathematical modelling techniques in an automated manner.[1][2] AVMs are Statistical Valuation Methods and divide into Comparables Based AVMs and Hedonic Models. Other Statistical Valuation Methods are House Price Indices and Single Parameter Valuations.[1][3]
- ^ a b Nitschke, Sanjo; Biguzzi, Andrea; Bücker, Andreas; Magnolfi, Stefano; Pellemans, Tijs; Selleri, Federica; Vetrano, Pasquale (2022). European Standards for Statistical Valuation Methods for Residential Properties : adopted by the Standards Committee of the European AVM Alliance. Brussels: European AVM Alliance. ISBN 9782960297300.
- ^ Kok, Nils; Koponen, Eija-Leena; Martínez-Barbosa, Carmen Adriana (2017-09-30). "Big Data in Real Estate? From Manual Appraisal to Automated Valuation". The Journal of Portfolio Management. 43 (6): 202–211. doi:10.3905/jpm.2017.43.6.202. ISSN 0095-4918. S2CID 158815603.
- ^ Property Valuation