Our home price indices (HPIs) and automated valuation models (AVMs) are built by a team of data scientists and backed by advanced machine learning and a robust range of data sources. But we don’t stop there: HouseCanary conducts monthly internal testing and quarterly third-party testing to make sure our products consistently meet the high standards our clients expect.
Median absolute percentage error (MdAPE) is a standard measure of a valuation model’s average deviation from observed property transaction values — the lower that number is, the better. Our MdAPE is always improving as we fine-tune our valuation models.
Curious about how our AVM tracks to sales price in your state? Check the map to see how we measure up in the areas that matter to you.
AVM accuracy across the country
Curious about how our AVM tracks to sales price in your state? Check the map to see how we measure up in the areas that interest you.
| HouseCanary MdAPE | 2.6% |
| Within +/- 10% | 89.4% |
| Sample Size: 1222 | |
|---|---|
We offer home value forecasts up to 36 months into the future. Our models account for market volatility, local income, and other factors that could influence home price, helping you uncover the best investments.
Our condition-informed valuation products incorporate information from an onsite inspection. That freshly confirmed information further improves our AVM accuracy. Inspections are performed by trained, background-checked field representatives.
We take pride in our software systems, including automated quality control processes that identify and resolve errors or exceptions. We also believe in human ingenuity, and employ a dedicated quality control team to correct valuation errors flagged for human review.
