On-line instruments for estimating land worth present preliminary assessments based mostly on elements like location, dimension, zoning, and comparable gross sales knowledge. As an example, a person would possibly enter property particulars into such a instrument to obtain a fast valuation estimate.
These automated valuation fashions (AVMs) supply a handy place to begin for understanding potential market costs. Entry to this info 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 info, beforehand a extra opaque and expert-driven course of.