When the Algorithm Gets It Wrong — NZ Property Valuation

The algorithm says $3 million. The Quantity Surveyor says $6.3 million. One of them is wrong.

AVM property valuations underestimate unique homes by up to 19%. PropertyValue.co.nz admits 'no similar properties' for Bay House. Understanding the algorithm gap.

19% Undervaluation Risk

Marketing Text 1Marketing Text 2What Is an AVM — And Why Does It Exist?

Marketing Text 1When AVMs Get It Wrong — The Unique Property Problem

Marketing Text 1University of Auckland Research — Up to 19% Undervaluation

Marketing Text 1Bay House — What the Algorithm Cannot See