HouseCanary’s automated valuation tools and analytical capabilities not only revolutionize the home owning and home buying experience but also have implications for resolving persistent inequities that have historically plagued the real estate industry. For example, a recent study was conducted that found HouseCanary’s automated valuation model (AVM) and comparable (comp) property selection tools mitigated the effects of severe and systemic racial biases currently present in the home appraisal process.
HouseCanary is a valuation-focused real estate brokerage that provides revolutionary services and software to reshape the housing marketplace and home buying process. The company’s home price indices (HPIs) and AVMs are built by a team of data scientists and backed by advanced machine learning and a robust range of data sources. Additionally, HouseCanary conducts monthly and quarterly testing to ensure its products continue to provide the most accurate and intelligent home valuations in the industry. Unlike its competitors, HouseCanary’s groundbreaking technology can predict potential sale prices within 2.5% accuracy and offer home value forecasts up to 36 months in the future.
Company Website:
Markets Served:
Real Estate Data and Analytics
Company HQ:
San Francisco, CA
