Toronto, ON, October 23, 2024 – HouseFax, an advanced AI-powered property valuation and analytics platform, has officially launched, set to revolutionize real estate transactions. By leveraging over 1 billion data points, 30+ years of historical data, and proprietary AI algorithms, HouseFax provides predictive insights, property valuations, and market analysis for homeowners, real estate agents, appraisers, lenders, and investment analysts. The platform aims to eliminate inefficiencies in traditional real estate processes. HouseFax reports are now available for free on its official website: www.housefax.ai.
Developed by HouseStack, a real estate intelligence platform, HouseFax combines artificial intelligence with vast data sets from both public and private sources to provide real-time, accurate property reports. Whether helping a buyer make an informed offer or assisting an appraiser in expediting a valuation, HouseFax is poised to transform the real estate landscape across Canada. Currently, HouseFax is available in Ontario, with plans to expand across the rest of Canada in the near future.
Sana Srithas, CEO of HouseStack, emphasized the platform’s user-focused approach stating, “we created HouseStack to simplify and modernize real estate transactions for everyone involved. The launch of our flagship product, HouseFax, is a step in that direction. HouseFax reports provide critical data in real time, allowing users to make smarter, faster, and more confident decisions.”
Core Features of HouseFax:
- AI-Powered Property Valuations: HouseFax’s sophisticated AI algorithms analyze data in real time, providing accurate, instant property valuations based on current market conditions.
- PropSize AI: HouseStack’s AI-powered tool currently in the patent process, PropSize AI uses satellite imagery to deliver precise square footage measurements, enhancing report accuracy.
- Market Insights: Users gain instant access to market trends, comparable property data, and essential decision-making information.
- Property Watch: Track specific properties and monitor valuation and predictive trends over time.
The real estate industry often grapples with fragmented data, manual processes, and outdated systems. HouseFax addresses these challenges by consolidating property information into a single report, offering users fast, reliable data. From first-time homebuyers to seasoned professionals, HouseFax simplifies the transaction process and improves outcomes.
Srithas further explained, “our mission is to reduce the complexity of real estate transactions by providing accurate, real-time data that everyone can trust. Whether you’re a buyer, seller, agent, appraiser, or lender, HouseFax delivers the data you need, when you need it.”
Future Expansion
HouseFax will soon introduce Appraiser-Assisted AVM (AAAVM) for added credibility and accuracy. This feature combines automated valuation models with expert appraiser insights, ensuring a higher level of trust in the property valuation process. The AAAVM service will be available within the next 30 days at a per-report cost of $99.
For media inquiries, please contact:
Name: Ivonn Novikova
Email: media@housestack.ca
About HouseFax:
HouseFax, the flagship product of HouseStack, uses AI to provide real-time property valuations, market insights, and advanced tools for real estate professionals. Focused on bringing transparency and efficiency to the real estate industry, HouseFax isproperty valuations, market insights, and advanced tools for real estate professionals. Focused on bringing transparency and efficiency to the real estate industry, HouseFax is revolutionizing how property data is collected, analyzed, and utilized. For more information, visit housefax.ai.