On-line instruments for estimating land worth present preliminary assessments primarily based on elements like location, measurement, zoning, and comparable gross sales information. For example, a consumer would possibly enter property particulars into such a software to obtain a fast valuation estimate.
These automated valuation fashions (AVMs) provide a handy place to begin for understanding potential market costs. Entry to this data empowers landowners to make extra knowledgeable selections concerning gross sales, purchases, or investments. Whereas not an alternative to skilled value determinations, the event of those instruments has democratized entry to property worth data, beforehand a extra opaque and expert-driven course of.