On-line instruments for estimating land worth present preliminary assessments based mostly on components like location, measurement, zoning, and comparable gross sales information. For example, a consumer may enter property particulars into such a instrument to obtain a fast valuation estimate.
These automated valuation fashions (AVMs) supply a handy start line for understanding potential market costs. Entry to this data empowers landowners to make extra knowledgeable selections relating to gross sales, purchases, or investments. Whereas not an alternative choice to skilled value determinations, the event of those instruments has democratized entry to property worth data, beforehand a extra opaque and expert-driven course of.