Land Value

HouseCanary's automated land value estimate, assisting in land pricing and investment analysis.

HouseCanary's proprietary Automated Land Valuation Model utilizes a unique machine learning algorithm on top of multiple input data sources to estimate the current market value of the land contained on the parcel. Responses include upper and lower bounds, as well as a forecast standard deviation (FSD) for transparency into model confidence.

Source: HouseCanary

Pricing Tier: Premium

Updated: Monthly

Request Query Params

<table><tr><th>Property</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>slug</td><td>string</td><td>Unique readable string identifier for the property</td><td>123-Main-St-Apt-1B-San-Francisco-CA-94132</td> </tr> <tr><td>address</td><td>string</td><td>Either a single URL-safe string ("slug") identifying the address, or just a building number, street name, and optionally unit number (if not a slug the payload must also include other identifiers)</td><td>123 Main St</td> </tr> <tr><td>unit</td><td>string</td><td>Unit number for the property, if needed and not already specified in the address string</td><td>Apt 1B</td> </tr> <tr><td>city</td><td>string</td><td>City in which the property is located</td><td>San Francisco</td> </tr> <tr><td>state</td><td>string</td><td>2-letter acronym of the US state in which the property is located</td><td>CA</td> </tr> <tr><td>zipcode</td><td>string</td><td>5-digit US zipcode in which the property is located</td><td>94105</td> </tr> </table>

Response

<table><tr><th>Field</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>value_mean</td><td>integer</td><td>HouseCanary automated monthly land value. Created using a robust model ensemble methodology</td><td>150000</td> </tr> <tr><td>value_upr</td><td>integer</td><td>HouseCanary land AVM upper bound. Calculated as value_mean * (1 + fsd)</td><td>165000</td> </tr> <tr><td>value_lwr</td><td>integer</td><td>HouseCanary land AVM lower bound. Calculated as value_mean * (1 - fsd)</td><td>135000</td> </tr> <tr><td>fsd</td><td>number</td><td>HouseCanary forecast standard deviation for the HouseCanary land AVM</td><td>0.1</td> </tr> </table>

[
  {
    "property/land_value": {
      "result": {
        "value_mean": 150000,
        "value_upr": 165000,
        "value_lwr": 135000,
        "fsd": 0.1
      }
    },
    "address_info": {
      "address_full": "123 Main St San Francisco CA 94132",
      "slug": "123-Main-St-Apt-1B-San-Francisco-CA-94132",
      "address": "123 Main St",
      "unit": "Apt 1B",
      "city": "San Francisco",
      "state": "CA",
      "zipcode": "94132",
      "zipcode_plus4": "1234",
      "block_id": "060750313013007",
      "blockgroup_id": "060750201004",
      "county_fips": "06075",
      "metrodiv": "41860",
      "msa": "41860",
      "geo_precision": "rooftop",
      "lat": 37.789,
      "lng": -122.401,
      "status": {
        "match": true,
        "details": [
          "Address fully verified"
        ],
        "requested_item": {
          "zipcode": "94132",
          "address": "123+Main+St"
        },
        "changes": [
          "State added or changed"
        ]
      }
    }
  }
]