Determine regional rate of return on home improvements

    公开(公告)号:US12045864B1

    公开(公告)日:2024-07-23

    申请号:US17373446

    申请日:2021-07-12

    CPC classification number: G06Q30/0278 G06Q50/16

    Abstract: A facility for estimating a home improvement rate of return for a geographic area is described. The facility accesses information about homes in the geographic area including sale prices and data describing home improvements performed on the homes, such that some of the sale prices are associated with homes having a home improvement of a particular type. The facility obtains automatic valuations for the homes based on the homes' attribute values, and calculates the differences between the automatic valuations and the sale prices. The facility analyzes the differences and the home improvement data and, based on the analysis, estimates a rate of return of the particular type of home improvement.

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