Over time home ownership has evolved from simply a roof over one’s head to a means to amass long-term wealth. Changes in the economy, construction practices and in homeownership beliefs over time have all impacted home valuation systems.
Todd Rissel, e2Value co-founder, explains, “Technology can organize and process information at remarkable speed, although meaningful insight often begins with understanding where the information originated and why it matters,”
Data gains value when context travels alongside it.
The long view of property valuation: e2Value on why historical context matters in a new era of AI discusses how e2Value has developed valuation methodologies that take into account broader macroeconomic patterns, not just viewing a structure as a fabrication of wood, cement, glass and metal.