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

  • Condos
  • Houses
  • Townhouses
  • Penthouses
Province Median Error in % Median Error Amount Homes With Estimates Confidence Score
Bangkok 0.27% ฿30,052 30,504 93
Chiang Mai 1.17% ฿46,806 3,668 87
Pattaya 0.33% ฿13,272 30,656 93
Phuket 0.22% ฿15,547 17,140 93
Hua Hin 0.25% ฿21,127 1,680 93
Koh Samui 0.05% ฿4,975 688 93
Province Median Error in % Median Error Amount Homes With Estimates Confidence Score
Bangkok - - - -
Chiang Mai 4.68% ฿367,810 1,375 68
Pattaya - - - -
Phuket - - - -
Hua Hin 1.10% ฿88,500 1,956 95
Koh Samui - - - -
Province Median Error in % Median Error Amount Homes With Estimates Confidence Score
Bangkok 1.27% ฿831,461 75 74
Chiang Mai 1.48% ฿90,896 111 89
Pattaya 0.03% ฿1,133 1,322 92
Phuket 0.53% ฿42,160 631 89
Hua Hin 0.04% ฿1,733 59 98
Koh Samui 0.02% ฿96,527 20 88
Province Median Error in % Median Error Amount Homes With Estimates Confidence Score
Bangkok - - - -
Chiang Mai - - - -
Pattaya - - - -
Phuket - - - -
Hua Hin - - - -
Koh Samui 3.93% ฿293,999 92 88
Last updated: June 2021

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.

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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