Confidence Score

A metric that seeks to identify how ‘close’ an estimate of value will be to the Reference Value.

Glossary: Cascade
Glossary: Result Code
Glossary: Usable Hit Rate
Glossary: Valuation Acceptance Criteria
In the World of AVMs, Confidence Isn’t Overrated
The "Confidence Scores" provided with most AVMs are not standardized, but they are a very effective guideline estimating the accuracy and precision of AVM value estimates.