Whats the best AVM?
No AVM is perfect. They all have data problems. The best AVM for a user gives the most accurate results with the most “hits,” for their “comfort level” of acceptable risk. Some models perform better than others, but all depend on data to get reliable results. If you’re trying to run an AVM in an area with few sales, it won’t be very reliable. If the AVM database has no property characteristics for the subject property, it won’t run if it doesn’t allow user input. If you’re running an AVM from a vendor that also provides better data than another equivalent AVM, it will be more reliable. Real-info – New York data and AVM Jim Kirchmeyer, an appraiser, was frustrated for years over lack of good data in Upstate New York, so he has started his own data service and also provides values using an AVM, Q-Val. He has been working on the database for three years. It covers 57 counties in New York, excluding the city of New York and Nassau and Suffolk counties. The database has been commercially av
