Invention Grant
- Patent Title: Property valuation model and visualization
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Application No.: US16807440Application Date: 2020-03-03
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Publication No.: US11551317B2Publication Date: 2023-01-10
- Inventor: Hyunyoung Choi , Hao Yan , Xu Cai , Qiuhao Zhang , Dun Wang , Hao Jiang
- Applicant: S&P Global Inc.
- Applicant Address: US NY New York
- Assignee: S&P Global Inc.
- Current Assignee: S&P Global Inc.
- Current Assignee Address: US NY New York
- Agency: Yee & Associates, P.C.
- Main IPC: G06Q50/16
- IPC: G06Q50/16 ; G06Q30/02

Abstract:
Automated property value calculation is provided. The method comprises receiving historic transaction data for a group of real estate properties over a specified time and receiving characteristic data regarding the properties for a number of defined categories. Historic data is also received for a number of demographic parameters over the specified time. The demographic data corresponds to regions in which the properties are located. A predictive valuation model is built with the financial transaction data, characteristic data, and demographic data. Individual values are calculated with the predictive valuation model for a new group of real estate properties according to their characteristics. The individual values are then aggregated. Financial transaction data is received for the new group of properties, and a net asset value of the new group of properties is calculated according to the aggregated valuations and financial transaction data.
Public/Granted literature
- US20210279824A1 Property Valuation Model and Visualization Public/Granted day:2021-09-09
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