In this episode, we discuss Core Logic's evaluer, which provides an electronic valuation of every property in New Zealand.
That valuation is based on an algorithm which looks at the actual sale prices of recently-sold properties that have similar attributes (bedrooms, bathrooms, land size, property size, location and any other attributes that come within Council-sourced data).
Within the show, we discuss some of the intricacies in how this is calculated and how it changes based on the type of property being valued.
We also mention our podcast survey, where we are seeking your help to make this show even better. Click this link to take the survey, and once you're done we'll send you your very own Property Academy Podcast mug.
The Property Academy Podcast