SYSTEM AND METHOD FOR DETERMINING A VALUE OF PROPERTY REFURBISHMENTS TO A PROPERTY SALE PRICE
First Claim
1. A method for determining a value of property refurbishments to a property sale price, comprising:
- receiving a first dataset associated with a first property, wherein the first dataset comprises descriptive information about the first property;
receiving a second dataset associated with the first property, wherein the second dataset comprises information related to one or more objectives made to the first property throughout a first refurbishment process;
receiving a sale price of the first property after the refurbishment process is completed;
searching for at least a second property in which at least one of the one or more objectives was made to a second refurbishment process;
collecting a third dataset associated with the at least a second property, wherein the third dataset comprises descriptive information of the at least a second property;
analyzing the first dataset and the second dataset with respect to the third dataset, wherein the analysis includes measuring multiple parameters of a refurbishment; and
,determining, based on the analysis, a value contribution for each of the plurality of objectives to the sale price of the first property.
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Accused Products
Abstract
A system and method for determining a value of property refurbishments to a property sale price, including: receiving a first dataset of descriptive information associated with a first property; receiving a second dataset including information related to one or more objectives made to the first property throughout a first refurbishment process; receiving a sale price of the first property after the refurbishment process is completed; searching for a second property in which at least one of the one or more objectives was made; collecting a third dataset associated with the at least a second property, wherein the third dataset comprises descriptive information of the at least a second property; analyzing the first dataset and the second dataset with respect to the third dataset; and, determining, based on the analysis, a value contribution for each of the plurality of objectives to the sale price of the first property.
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Citations
16 Claims
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1. A method for determining a value of property refurbishments to a property sale price, comprising:
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receiving a first dataset associated with a first property, wherein the first dataset comprises descriptive information about the first property; receiving a second dataset associated with the first property, wherein the second dataset comprises information related to one or more objectives made to the first property throughout a first refurbishment process; receiving a sale price of the first property after the refurbishment process is completed; searching for at least a second property in which at least one of the one or more objectives was made to a second refurbishment process; collecting a third dataset associated with the at least a second property, wherein the third dataset comprises descriptive information of the at least a second property; analyzing the first dataset and the second dataset with respect to the third dataset, wherein the analysis includes measuring multiple parameters of a refurbishment; and
,determining, based on the analysis, a value contribution for each of the plurality of objectives to the sale price of the first property. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A non-transitory computer readable medium having stored thereon instructions for causing a processing circuitry to perform a process, the process comprising:
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receiving a first dataset associated with a first property, wherein the first dataset comprises descriptive information about the first property; receiving a second dataset associated with a first property, wherein the second dataset comprises information related to one or more objectives made to the first property throughout a first refurbishment process; receiving a sale price of the first property after the refurbishment process is completed; searching for at least a second property in which at least one of the one or more objectives was made to a second refurbishment process; collecting a third dataset associated with the at least a second property, wherein the third dataset comprises descriptive information of the at least a second property; analyzing the first dataset and the second dataset with respect to the third dataset, wherein the analysis includes measuring multiple parameters of a refurbishment; and
,determining, based on the analysis, a value contribution for each of the plurality of objectives to the sale price of the first property.
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11. A system for determining a value of property refurbishments to a property sale price, comprising:
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a processing circuitry; and a memory, the memory containing instructions that, when executed by the processing circuitry, configure the system to; receive a first dataset associated with a first property, wherein the first dataset comprises descriptive information about the first property; receive a second dataset associated with a first property, wherein the second dataset comprises information related to one or more objectives made to the first property throughout a first refurbishment process; receive a sale price of the first property after the refurbishment process is completed; search for at least a second property in which at least one of the one or more objectives was made to a second refurbishment process; collect a third dataset associated with the at least a second property, wherein the third dataset comprises descriptive information of the at least a second property; analyze the first dataset and the second dataset with respect to the third dataset, wherein the analysis includes measuring multiple parameters of a refurbishment; and
,determine, based on the analysis, a value contribution for each of the plurality of objectives to the sale price of the first property.
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12. A method of predicting a projected value contribution of at least one objective to a projected sale price of a property, comprising:
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receiving a request to determine the projected value contribution of at least one objective to a projected sale price of a first property; receiving a first dataset associated with the first property, wherein the first dataset comprises descriptive information about the first property; searching for at least a second property in which the at least one objective was performed throughout a second refurbishment process; collecting a second dataset that is associated with the at least a second property, wherein the second dataset comprises information related to one or more objectives made to the second property throughout a refurbishment process; determining, based on an analysis of the second dataset, an average value contribution of the at least one objective to a second property sale price; and
,determining the projected value contribution of the at least one objective to the projected sale price of the first property based on the determination of the average value contribution of the at least one objective to the at least a second property sale price. - View Dependent Claims (13, 14)
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15. A non-transitory computer readable medium having stored thereon instructions for causing a processing circuitry to perform a process, the process comprising:
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receiving a request to determine the projected value contribution of at least one objective to a projected sale price of a first property; receiving a first dataset associated with the first property, wherein the first dataset comprises descriptive information about the first property; searching for at least a second property in which the at least one objective was performed throughout a second refurbishment process; collecting a second dataset that is associated with the at least a second property, wherein the second dataset comprises information related to one or more objectives made to the second property throughout a refurbishment process; determining, based on an analysis of the second dataset, an average value contribution of the at least one objective to a second property sale price; and
,determining the projected value contribution of the at least one objective to the projected sale price of the first property based on the determination of the average value contribution of the at least one objective to the at least a second property sale price.
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16. A system for predicting a projected value contribution of at least one objective to a projected sale price of a property, comprising:
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a processing circuitry; and a memory, the memory containing instructions that, when executed by the processing circuitry, configure the system to; receive a request to determine the projected value contribution of at least one objective to a projected sale price of a first property; receive a first dataset associated with the first property, wherein the first dataset comprises descriptive information about the first property; search for at least a second property in which the at least one objective was performed throughout a second refurbishment process; collect a second dataset that is associated with the at least a second property, wherein the second dataset comprises information related to one or more objectives made to the second property throughout a refurbishment process; determine, based on an analysis of the second dataset, an average value contribution of the at least one objective to a second property sale price; and
,determine the projected value contribution of the at least one objective to the projected sale price of the first property based on the determination of the average value contribution of the at least one objective to the at least a second property sale price.
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Specification