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... > contexts > demography > residence characteristics > housing > housing technology > automated valuation model
... > contexts > population characteristics > health > public health > epidemiologic measurements > demography > residence characteristics > housing > housing technology > automated valuation model
... > contexts > population characteristics > demography > residence characteristics > housing > housing technology > automated valuation model

Preferred term

automated valuation model  

Definition

  • An automated valuation model (AVM) is a computer-based tool that combines statistical modeling with a residential database to generate valuation estimates for specific houses. Generally available online and at little or no cost, AVMs can offer useful preliminary indications of value but should be employed with caution. [Source: The Encyclopedia of Housing; Automated Valuation Model]

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https://concepts.sagepub.com/social-science/concept/automated_valuation_model

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