System and method for standardizing and tracking land use utility
Abstract:
Property records and parcel boundaries form the basis for much of the backbone used in the real estate industry for a myriad of activities from property search, analysis, evaluations for lending etc. However, these records do not include accurate and consistent data for fields related to a property's zoning or possible future land use. This invention targets transforming disparate data sources needed to express a property's land use utility and standardizes the multiple records into a standardized land use utility with an element for time that allows tracking and measuring changes in standardized land use utility at the parcel level for one or more locations. Improvements in this invention are directed to an improvement in computer-related technology.
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