Patent ID: 8195552

Claim:
A system for evaluating risk associated with a subject property, the subject property comprising real property and the system comprising: an input component; a memory component; an output component; and a processing component communicatively connected to the input component, the memory component, and the output component, the processing component programmed to perform actions comprising: receiving, via the input component, first information comprising a first estimated value of the subject property; storing the first information in the memory component; receiving, via the input component, second information comprising a second estimated value of the subject property; storing the second information in the memory component; calculating an automated valuation model (“AVM”) variance, a median variance and an appreciation value; calculating a risk value based upon the first information and the second information, the AVM variance, the median variance and the appreciation value, the risk value indicating the risk associated with the subject property; and outputting, via the output component, the risk value.