Data Investment, as a RICS TECH partner, worked intensively on the development of software for mass evaluations.

Data AVM represents an adaptive AVM algorithm that, based on our database, which contains more than 100,000 comparative data from all regions of Serbia not older than one year, quickly and accurately determines the market value of the complete portfolio of residential real estate.

In order to achieve the highest possible accuracy with Data AVM, we compare many different real estate parameters: geolocation (width and length), address, municipality, cadastre, square footage, number of floors of the property and associated buildings, number of rooms, year of construction and renovation

Not all parameters are always present and accurate, and that’s why our Data AVM uses an adaptive algorithm that tries to achieve the highest possible accuracy for each property individually.

With the multiple algorithm iterations that can only be achieved with an automated tool like Data AVM, and with our large and comprehensive database, we get results that are comparable or sometimes even better than manual evaluations that are prone to human error and time constraints.