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Thailand's most accurate and intelligent residential home valuations
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
| Province | Median Error in % | Median Error Amount | Scoring Sample Size |
|---|---|---|---|
| Bangkok | 43% | 155,000 MAD | 21 |
| Chiang Mai | 25% | 50,800 MAD | 113 |
| Phuket | 5% | 50,200 MAD | 197 |
| Hua Hin | 54% | 64,200 MAD | 114 |
| Koh Samui | 45% | 111,000 MAD | 67 |
| Pattaya | 30% | 50,300 MAD | 93 |
| Province | Median Error in % | Median Error Amount | Scoring Sample Size |
|---|---|---|---|
| Phuket | 9% | 65,400 MAD | 5 |
| Pattaya | 3% | 2,170 MAD | 10 |
| Province | Median Error in % | Median Error Amount | Scoring Sample Size |
|---|---|---|---|
| Bangkok | 3% | 11,800 MAD | 2102 |
| Chiang Mai | 2% | 14,300 MAD | 169 |
| Phuket | 1% | 3,760 MAD | 875 |
| Hua Hin | 13% | 14,900 MAD | 72 |
| Koh Samui | 4% | 14,500 MAD | 39 |
| Pattaya | 3% | 4,330 MAD | 1209 |
| Province | Median Error in % | Median Error Amount | Scoring Sample Size |
|---|---|---|---|
| Bangkok | 5% | 41,800 MAD | 19 |
| Chiang Mai | 1% | 9,030 MAD | 18 |
| Phuket | 2% | 15,000 MAD | 12 |
| Hua Hin | 167% | 39,400 MAD | 3 |
| Koh Samui | 9% | 29,800 MAD | 5 |
| Pattaya | 63% | 59,600 MAD | 5 |
Last updated: January 2025
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