Reading a score
A Scored Call returns two kinds of number: what the pricing model estimates, and what the recorded comparable sales imply. They are different evidence, they move for different reasons, and reading them as one number is the mistake this page exists to prevent. The member-by-member schema, with the full description of every field, is in the API reference — this page is about what the numbers are and are not.
Two numbers, two sources
pricing_model_arv_estimateis read from the pricing model's own value distribution. It does not move when comparable sales are added or removed.comp_bandis derived from the comparable sales themselves, size-normalised to the property where their square footage allows it. It is the number that does move with the comps.
If you display both, expect exactly one of them to change when the comparable evidence changes. That is not a bug in either number; it is what each one is.
When the model's estimate is withheld
model_estimate_available is the only member always present. When it is false, the
model's estimate and its distribution are withheld from the response: they were
checked against the comparable sales and did not agree with them, and a confidently
wrong valuation is worse than none. The Comp Band and the comparable sales are
unaffected.
A response with model_estimate_available: false is a charged 200. The Comp Band
it ships with is a valuation — derived from recorded sales, size-normalised, stated
with its evidence — so the call did what a Scored Call is for. One Credit was spent,
exactly as for any other Scored Call.
What is verified, and what is not
Stated plainly, because the distinction matters.
Verified:
- The derived outputs are internally consistent and deterministic: the same response yields the same derived numbers, exactly.
- The Investor Price is the algebraic inverse of a flip pro forma, and the round-trip between them holds to the cent — a seller's suggested price and a buyer's underwriting agree by construction.
- The check that withholds a model estimate disagreeing with the comparable sales
(the
model_estimate_available: falsepath above) is exercised and tested.
Not verified:
- There is no published back-test of predicted price against realized sale price. Not for the model's estimate, and not for the derived Investor Price. If accuracy matters to your use case, budget for your own back-test.
- The margin and viability thresholds behind
flip_viabilityandlikely_investor_priceare policy figures calibrated by judgment and intended to be tuned. They are not fitted to any data set.
Accuracy caveats that survive every release
- Residential only. Large multifamily and commercial properties are outside what the model covers, and will diverge rather than error.
- Tear-downs are unsupported. There is no land-value estimate; analyze lot value separately.
- Repair estimates are screening ranges, not bids. Small homes skew high per square foot, and heavy-rehab figures are the least reliable in the set.
- The band is only as good as the comps. Show
effective_sample_sizealongside any band you publish: a low value means the number rests on thin evidence and should be read with caution. - Sparse property data yields confident-looking numbers. A value computed from three missing inputs still renders with the same number of digits. The evidence members exist so you can tell the difference — use them.