ALL ABOUT AVA
AVA is data-driven, smart software that calculates the current and future value and income of commercial real estate.
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AVA’s 2022 – 2023 RELEASES
In early 2022, AVA’s first release will major on multifamily property valuations. Throughout 2022 – 2023, there will be announcements of additional AVA software suites that evaluate other commercial property types.
| Multifamily | Mixed-Use | Office Buildings |
| New Construction | Retail | Warehouses |
| Industrial | Self-Storage | High-Rise Apartments |
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You enter the property address you want evaluated.
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AVA imports a rich set of data from industry sources and sales and rent comps, as well as data on the property’s age, condition and characteristics.
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AVA analyzes that data and calculates the property’s value using four methods (see below).
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AVA presents the property’s value at multiple levels (see below).
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You can refine the valuation by inputting data on property enhancements and/or editing the comps.
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AVA gives you a ten-year estimate of the property’s value.
Simultaneously, AVA deploys widely accepted methods to calculate a property’s worth. The rich data that AVA harvests, coupled with these calculation methods, set a new standard for commercial properties valuations.
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The Gross Rent Multiplier (GRM) Method evaluates the revenue the property generates.
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The Price-Per-Door (PPD) Method analyzes sales prices of comparable properties in relation to the number of units or doors.
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The Price-Per-SqFt Method analyzes sales prices of comparable properties in relation to property square feet.
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The CAP/NOI Method utilizing area CAP rates and Net Operating Income.
Discover more of AVA’s special features to enhance your experience using our software.
A property’s age, history, condition and characteristics influence what its value is. AVA analyzes all that data and uses four methods to calculate the property’s value.
After she completed all those calculations, AVA presents the property’s value at three levels – legacy rent (low), stabilized rent (medium), and highest market rent (high).
To deliver comprehensive valuations of commercial properties, AVA uses four methods. AVA evaluates the properties’ revenue, sales prices, income, costs and ten-year growth rates.
To make sure AVA is accurate, we compared her valuations on multifamily properties to the prices those same properties sold for. 98 percent of the time, the actual property sales prices were in the range of AVA’s valuations.
AVA offers maps with interactive features that allow you to view commercial properties in three different map styles. You can also compare selected sales comps of nearby properties to your commercial property.
AVA’s provides a comprehensive set of sales and rent comps as part of her valuation. AVA invites you to review all the comps she provides, and edit them if needed –- removing and adding comps based on your knowledge of their relevancy.
AVA invites you to review the average market rents for properties located near the property being evaluated. She also enables you to indicate the relevant rent comps you want to include as part of your property valuation.
AVA provides the average occupancy rate for the area adjacent to the property address you asked her to evaluate. Based on your knowledge of the area, you can adjust the occupancy rate to what you know to be accurate.
AVA calculates an adjusted sales price for the property she is evaluating. She factors in how much the sales prices of properties in the same market segment have changed each quarter. This keeps her current valuations pacing with the movement of the markets.
AVA enables you to generate an Offering Memorandum on the property you asked her to evaluate. AVA provides a template where you can input information and property photos to be included in the Offering Memorandum.
Traditional property appraisals are researched one at a time, take weeks to receive and cost thousands of dollars. In stark contrast, AVA can provide as many valuations as you want, each one delivered in seconds.
And AVA is affordable. Her subscription packages are designed for individual, monthly and enterprise-wide usage.
AVA is easy to use. Just enter the multifamily property address into the AVA user interface, and click. In seconds, AVA displays a three-level valuation of the property to you, derived by calculating it via widely accepted methods. AVA also invites those who know the property best to input property enhancements to be considered in the valuation.
Just input the address. Let AVA do the rest.
That’s why our tag line is…
Input an address.
Output success.
READY TO TRY AVA?
The AVA Software Suite delivers real time, accurate, comprehensive valuations of multifamily properties in seconds. See for yourself. Give AVA a try!
TESTIMONIALS
Before our launch of AVA, we put her through her paces, inviting users to test our beta-phase software. Here’s what those users had to say about AVA.
Stephen C. Duringer, Esq.
Duringer Law Group
Whether you are an attorney, an accountant, wealth manager, broker, owner or investor, the better your tools, the better the outcome! AVA is the tool that you just have to have!
Scott Hall
Property Appraiser
I am an MAI appraiser and frequently appraise multifamily investment properties for financial institutions. AVA has proven very beneficial as an aid in my apartment valuations. The model has a broad reach and analyzes more data [than] is humanly possible. The value and market rent results give credence to, and a check and balance for, my analysis and assignment results.
Cynthia Watts Jen
Parc Pacific LLC
As active real estate investors, we use AVA in two important ways. First, AVA empowers us to test our assumptions in real-time when we analyze potential acquisitions. AVA keeps us honest and up to date with meaningful, customizable comps, which in turn allow us to make informed decisions that are specific to each building and neighborhood. Second, AVA is a fantastic tool to add value with our existing portfolio of multifamily properties. We use AVA to identify untapped value relative to the marketplace, which makes us more effective in managing our portfolio to produce great results!
Craig Kirkpatrick
CRE Investor
An “Aha!” moment. (There are) two critical benefits to AVA. One is time-saving and the other is its accuracy. In the past, you would have to nail down what the rents were in an area to deduce whether or not the rents of their subject property were in line with what was being represented. With AVA, you’ve got representative properties close to the subject property with accurate rents.
Babak Aghevli
Associates Realtor, e-Pro
With a couple of touches you can turn around and show somebody, “okay, the property is worth X now but if you do that improvement you can pull Y amount more out of the property.” All the information you need is right in front of you.