Thailand's most accurate and intelligent residential home valuations

Our valuation and forecasting algorithms reveal the current values of residential real estate in Thailand and will predict future price trends
The technology behind our industry-leading accuracy

FazWaz automated valuation models (AVMs) are built by a team of data scientists and backed by advanced machine learning and a robust range of data sources. The FazWaz property platform has the most up-to-date inventory and data-sets in Thailand. Our company is pioneering the digital valuation of real estate in Thailand and FazWaz conducts monthly internal tests and regular tests with financial institutions and lenders, to make sure our products consistently meet the high standards our clients expect.

How close can we get to the sales price?

Median absolute percentage error (MdAPE) is a standard measure of a valuation model’s average deviation from observed property transaction values — the lower that number is, the better. Our MdAPE is always improving as we fine-tune our valuation models.

Curious about how accurate our AVM estimates the sales price in your region? Check the table below to see how we measure up in the areas and for the property types that matter to you.

FazWaz AVM Accuracy

  • Houses
  • Penthouses
  • Condos
  • Townhouses
Province Median Error in % Median Error Amount Scoring Sample Size
Bangkok 43% K327 Lakhs 21
Chiang Mai 25% K107 Lakhs 113
Phuket 5% K106 Lakhs 197
Hua Hin 54% K135 Lakhs 114
Koh Samui 45% K234 Lakhs 67
Pattaya 30% K106 Lakhs 93
Province Median Error in % Median Error Amount Scoring Sample Size
Phuket 9% K138 Lakhs 5
Pattaya 3% K5 Lakhs 10
Province Median Error in % Median Error Amount Scoring Sample Size
Bangkok 3% K25 Lakhs 2102
Chiang Mai 2% K30 Lakhs 169
Phuket 1% K8 Lakhs 875
Hua Hin 13% K32 Lakhs 72
Koh Samui 4% K31 Lakhs 39
Pattaya 3% K9 Lakhs 1209
Province Median Error in % Median Error Amount Scoring Sample Size
Bangkok 5% K88 Lakhs 19
Chiang Mai 1% K19 Lakhs 18
Phuket 2% K32 Lakhs 12
Hua Hin 167% K83 Lakhs 3
Koh Samui 9% K63 Lakhs 5
Pattaya 63% K126 Lakhs 5
Last updated: December 2024

Instant home-value estimates

Our industry-leading dataset comes alive in the instant valuation tool that estimates the market value of a property in seconds. It estimates the market value based on publicly available and FazWaz generated transaction data, taking into account property details, location and current market conditions.

Price suggestion when listing a home on FazWaz

To give homeowners the most accurate valuation, we ask them a set of questions when they list their home on FazWaz – It takes less than 5 minutes and is more than twice as likely to be within 5% of the home's selling price as other online home-value estimators.

Advanced and more accurate home evaluation
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