Total Home Valueˣ
Redefining property valuations
Get instant, highly accurate valuations on more properties
Total Home Valueˣ (THVˣ) is an innovative approach to traditional Automated Valuation Models (AVMs). Leveraging Cotality's vast property datasets, combined with the latest advances in Artificial Intelligence (AI) and Machine Learning, we can now deliver a more highly accurate and reliable property valuations across multiple use cases.
No matter your business need — from marketing, origination, risk management and more, THVˣ can be tuned to meet those requirements. The result — no more using multiple AVMs across your organization.
Get AVM consistency and reliability across your organization, all backed by the power of Cotality.
Get accurate property valuations
Our market leading AVM delivers a high level of accuracy and hit-rate, including for hard to value properties. We use a single model methodology to ensure you use a single AVM across the loan lifecycle.
Leverage innovative, intelligent technology
Total Home Valueˣ is built on the latest cloud-based architecture that supports the integration of recent property market trends and data. Using this rapidly updated data lets us quicky address any performance issues.
Ensure better risk management
Total Home Valueˣ can even help you assess valuations in areas of higher risk. Our hazard team applies their expertise to the AVM to help determine higher risk homes and value them accordingly.
Get accurate property valuations
Our market leading AVM delivers a high level of accuracy and hit-rate, including for hard to value properties. We use a single model methodology to ensure you use a single AVM across the loan lifecycle.
Leverage innovative, intelligent technology
Total Home Valueˣ is built on the latest cloud-based architecture that supports the integration of recent property market trends and data. Using this rapidly updated data lets us quicky address any performance issues.
Ensure better risk management
Total Home Valueˣ can even help you assess valuations in areas of higher risk. Our hazard team applies their expertise to the AVM to help determine higher risk homes and value them accordingly.
Access tailored valuations for multiple use cases
The single model methodology used in Total Home Valueˣ helps you with accurate valuations across multiple industries and use cases, including mortgage, real estate, insurance, FinTech, ReTech, PropTech, government and more.
Making AVMs more accurate and consistent
Total Home Valueˣ was developed with the future in mind. Unlike traditional AVM products, we have designed a property valuation solution meant to overcome many of the shortcomings that have impacted AVM reliability over the years.
The power of data
Total Home Valueˣ takes advantage of Cotality's robust databases and the latest technology to deliver an AVM unlike anything before. This approach means you get a smarter AVM - one that can tell you if a home is on a golf course or freeway and value accordingly.
Frequent updates
We update our model with the most recent property data on a regular occurrence - several times a month. This lets us deliver an AVM that can quickly respond to market conditions and provide accurate valuations.
Detailed information in every report
Total Home Valueᕽ report outputs include all of the info you need to make a sound decision on a property. Critical summary data such as estimated value and confidence scores are displayed immediately, along with aerial maps and comparables.
Help for multiple departments
Our single model methodology allows us to deliver AVMs for five key areas - direct to consumer, marketing, origination, risk management and portfolio management. Each version is tailored to the specific needs of those groups so you can work more effectively.
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The power of data
Total Home Valueˣ takes advantage of Cotality's robust databases and the latest technology to deliver an AVM unlike anything before. This approach means you get a smarter AVM - one that can tell you if a home is on a golf course or freeway and value accordingly.
Frequent updates
We update our model with the most recent property data on a regular occurrence - several times a month. This lets us deliver an AVM that can quickly respond to market conditions and provide accurate valuations.
Detailed information in every report
Total Home Valueᕽ report outputs include all of the info you need to make a sound decision on a property. Critical summary data such as estimated value and confidence scores are displayed immediately, along with aerial maps and comparables.
Help for multiple departments
Our single model methodology allows us to deliver AVMs for five key areas - direct to consumer, marketing, origination, risk management and portfolio management. Each version is tailored to the specific needs of those groups so you can work more effectively.
5.5 B
U.S. property records spanning 50 years are leveraged by Total Home Valueˣ to help determine a property's value
99.9%
market coverage of U.S. properties in the Cotality database help drive the accurate valuations of Total Home Valueˣ
One
model methodology provides numerous benefits over traditional AVMs, bringing consistency to the real estate ecosystem
FAQ
What use cases are available for Total Home Valueᕽ?
We have five use cases available:
- Total Home Valueᕽ for Consumers: used to display AVM information on a website for a consumer.
- Total Home Valueᕽ for Marketing: estimated consumer reported home value at the time of application.
- Total Home Valueᕽ for Originations: the most accurate use case - used for underwriting, refinances and home equity loans.
- Total Home Valueᕽ for Risk Management: delivers the highest level of accuracy and hit rate to help with new portfolio evaluation and other risk evals.
- Total Home Valueᕽ for Portfolio Monitoring: assists with periodic portfolio evaluation.
What are some of the property types Total Home Valueᕽ takes into consideration with valuing a property?
We consider the following home types:
- Single-family
- Condos
- Co-ops
- Duplex
- Townhome
- Vacant property (if county assessor data is available)
Does the model take property condition into consideration?
Yes, our technology can judge average condition for a property. It does not give a specific rating.
How often is the model updated?
Total Home Valueᕽ is updated weekly to ensure our clients are getting the most up-to-date data that is keeping pace with market changes.
How can we help you?
Let's get this conversation started! Our team is here to provide you with more information and answer any questions you may have.
Trying to reach us by phone?
Get in touch with our sales team at (866) 774-3282. We're here Monday to Friday from 7 a.m. to 5 p.m. CT.
Looking for support?
Visit our dedicated support page to find support for all our products.
