An Automated Valuation Model (AVM) is a computerized system that uses mathematical modeling to value properties. AVMs incorporate data from public property records and commonly utilize proprietary algorithms to deliver a property valuation. These models are often used for mass property appraisals, such as for property tax assessments and securing the preliminary values for mortgage lending.
An Automated Valuation Model (AVM) is a computer-driven program that utilizes mathematical modeling, incorporating data from multiple sources, such as property sales histories, public records, and other real estate databases, to estimate the market value of a property.
