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Data has a huge role in today’s real estate business but the problem is that it is incomplete, scattered and unreliable. Residential listing entry is a time consuming process with no objective data available. Automated valuation models (AVM) have high error rate and home search experience is poor. Moreover most of the properties and buildings lack an accurate floor plan. Real estate is definitely lacking structured, reliable and accurate property interior data. CubiCasa has launched a smartphone application that can be used to scan the property interiors in just a few minutes and the end result is a floor plan and comprehensive report about property features. The technical innovation is our AI which can turn a video into point cloud data.
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