AI for PropTech
Valuebase logo

Valuebase

Valuebase builds AI-driven mass-appraisal valuations for property assessment offices, separating land and improvement values and layering on AI assistants that review appraisals, run ratio studies, and calculate effective age.

Best for: Property assessors, appraisers, and real estate valuation teams that need defensible, auditable mass-appraisal valuations across residential, commercial, and land parcels.

Last reviewed 6/2/26

Tags: valuationproperty-assessmentavmmachine-learningmass-appraisalgovtech

Pricing

  • Transparent pricing based on jurisdiction size, with no long-term contracts and free tools available
  • Specific dollar amounts are not published on the company site
Integrations
ProVal, Tyler Technologies, Patriot Properties
Property types
Residential, Commercial, Land
Geography served
United States and Canada
AI

How Valuebase uses AI[1]

Valuebase builds property valuations from an ensemble of nine independent machine learning models that value residential, commercial, and vacant parcels with land and improvements separated. It auto-enriches each parcel with 50+ derived features such as flood zones, topography, corner lots, and street frontage, and redraws neighborhoods from physical boundaries and market data. AI assistants then review appraisals: ValPal checks taxpayer appraisals for USPAP compliance and drafts appeal responses, RatioPal generates IAAO ratio studies (COD, PRD, PRB), and AgePal calculates consistent effective age across properties.

  • Ensemble of nine ML models valuing residential, commercial, and vacant property, with land and improvement values separated
  • Automatic parcel enrichment with 50+ features (flood zones, topography, corner lots, street frontage) and market-based neighborhood redrawing
  • ValPal AI assistant reviews appraisals for USPAP compliance, flags unsupported adjustments, and drafts appeal responses
  • RatioPal and AgePal automate IAAO ratio studies (COD, PRD, PRB) and effective-age calculations
  • Per vendor: 36 jurisdictions in use, typical 30-day deployment, open and auditable models rather than a black box

AI type: Ensemble machine learning automated valuation models plus LLM-based appraisal review assistants

API: unknown MCP: unknown

Key numbers[1][2][3]

  • Per vendor: 36 jurisdictions in use, ranging from 5,000-parcel rural counties to state departments of revenue
  • typical 30-day deployment
  • ensemble of nine ML models with 50+ derived parcel features
  • raised $1.6M pre-seed (2023) and $6.3M seed (2024).

Credibility[1][2][3][5]

Founders & team
Co-founded by Lars Doucet (CEO; author of 'Land is a Big Deal' and land-value-tax advocate) and Will Jarvis.
Customers
30+ jurisdictions across the US and Canada, from rural counties to state departments of revenue, including Tooele County (UT), City of Salem (VA), Tom Green CAD (TX), and Warren County (KY).
Investors
Narya Capital (lead), with Sam Altman, Nat Friedman, Julian Weisser, and Mythos Ventures.

Founded

2022

Headquarters

Austin, Texas, USA

Stage

Seed

Employees

11-50

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