How does RELab estimate home value?

We have been developing our unique property estimate algorithm from year 2011. The property valuation and weekly rental income are generated via machine learning, which is different from conventional statistical valuation solutions on the market. RELab valuation system self-studies and self-evolves with data and time, providing ever improving accurate valuation results. RELab does not provide an official appraisal. In order to obtain further valuation opinions we encourage buyers, sellers and homeowners to visit the properties, or contact professionals such as registered valuers, building inspectors or real estate agents.