Modeling and mapping comparable properties
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United States of America Patent
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Issued Date -
Jun 21, 2012
app pub date -
Dec 16, 2010
filing date -
Dec 16, 2010
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Abstract
Modeling and mapping appropriate comparable properties comprises accessing property data corresponding to a geographical area, and then weighting comparable properties based upon the appropriateness of each of the plurality of comparable properties as comparables for a subject property. For example, the weighting may be based upon economic distance from the subject property, geographic distance from the subject property, and age of transaction. Using this information, a map image of the geographical area is displayed, with indicators on the map image indicative of the subject property and at least one of the comparable properties.
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