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Category
Valuation data encompasses the methods, models, and comparable sales data used to estimate a property's current market value. The Automated Valuation Model (AVM) is the dominant product in this space — a statistical algorithm that estimates value based on recent comparable sales, property characteristics, and market conditions. AVMs are used by mortgage lenders for quick risk assessments, by investors to screen deals at scale, and by consumers to check their home's worth. This category also includes traditional appraisal data and broker price opinions (BPOs).
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