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 house appraiser


The house appraiser of the future is probably an A.I. algorithm

#artificialintelligence

To paraphrase 1984's The Terminator, the artificial intelligence developed by residential real estate company HouseCanary will absolutely not stop, ever, until your house is properly valued. The robot appraiser takes advantage of new federal regulations raising the threshold value of homes exempt from human evaluation. In doing so, it's allowed to do a job that once required a flesh-and-blood human to perform. Namely, it will determine the current value of a property by inspecting its exterior condition and amenities. Before you start picturing an inspection robot like the quadruped ANYmal, which carries out inspection tasks on oil rigs, this job is largely carried out remotely. The A.I. bases its decisions and predictions on images, using a neural network that's trained to recognize the different qualities of a home that influence its valuation.