Do AVM’s Have Different Calculation Methods?
AVM’s Have Two Distinct Flavors: ‘Hedonic’ Which Roughly Translates To Curb-Side Appeal And Cost-Based (Or Income Based In The Case Of Commercial AVM’s). Nearly All AVM’s Are Initially Hedonic Models With Additional Higher Level Modeling, Statistical And Mathematical, Techniques And Processes Applied To The Final ‘Valuation’ Of A Property.
