PropTech & Market

Digital Transformation in Real Estate: The Age of Artificial Intelligence Supported Property Valuation

🏛️ Balvista Real Estate · · ⏱️ 1 min
Digital Transformation in Real Estate: The Age of Artificial Intelligence Supported Property Valuation

Moving from Subjective Pricing to Data-Driven Transparency

The biggest problem in the traditional real estate market is the emotional expectations of property owners or starting with inflated listing prices on the internet that do not correspond to reality. A property listed at 25% above market value will fall off the radar of serious buyers in the first 60 days and will wear out over time.

How Does Balvista AI Pre-Valuation Model Work?

We developed in the Balvista Digital Studio infrastructure Property Valuation Robot; It analyzes housing, land and commercial real estate not with a single template, but with its own technical dynamics:

1. Cleaning of Old and Outlier Ads

Outdated advertisements that have not been sold for months and speculative prices that deviate excessively from the neighborhood average are automatically eliminated from the data set.

2. Category Specific Multipliers

Building age, mezzanine floor, sea/nature view and site facilities in the residence; in the plot KAKS/precedent, corner plot and infrastructure; In commercial property, both comparable sales and Cap-Rate (rental capitalization) The confidence interval is produced by calculating them together.

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