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Butte, Montana · Buttedivanov // Shutterstock Whether you’re considering refinancing, taking out a home equity loan, or curious what your home may be worth, waiting weeks for an appraisal can feel painfully slow. That’s where automated valuation models (AVMs) come in. An AVM is an algorithm that estimates a property’s value by analyzing large datasets, including comparable sales, property characteristics, tax assessments, and neighborhood trends, to generate a near…See the Story
What is an automated valuation model home appraisal?
96% Center coverage: 26 sources
