From the very beginning of consumer access to home value estimates, WAV Group has echoed concerns about the damage of such a complex and unregulated data point being shared with homeowners. In the housing finance industry, home value estimates are called Automated Valuation Models or AVMs. The models are more of an art than a science - whereby economists handpick a series of data points that get mashed up into an algorithm.  Below is a snapshot of my Homebot valuation, which prompted me to look at other AVMs to compare and contrast the results. The highest valuation was the Zillow [...]