The Urban Mynt
Automated Valuation Model (AVM)

The 1-Mile / 90-Day Rule

While traditional real estate estimators often pull generalized data from entire zip codes or rely on sales figures from a year ago, the Urban Mynt AI utilizes a strictly hyper-local approach. Our model ensures geographic precision by analyzing sales only within a tight 1-mile radius of a specific parcel. Furthermore, the system prioritizes market recency by focusing on data from the last 90 days to ensure that every offer reflects today’s market conditions rather than outdated trends from last year.

Smart Lot Differentiation

The Urban Mynt AI goes beyond basic land estimation by recognizing the specific characteristics that drive property value across Florida. The model specifically identifies canal-frontage and waterfront access to apply the appropriate price premium. It also accounts for the increased utility and market value associated with corner lots. For standard dry lots, the system establishes base valuations using verified sales data to ensure every offer is grounded in accuracy.

The "Fair Price" Engine

To ensure a fair offer, the Urban Mynt AI identifies and removes statistical "noise". The system filters out distressed sales, such as ultra-cheap "fire sales," which would unfairly lower an offer. Simultaneously, it removes luxurious anomalies and ultra-luxury outliers to keep all data grounded in reality. By removing these highs and lows, the model arrives at a true market median for each specific property type.

Why Our AI is Smarter Than a Generic Real Estate Estimate
Urban Mynt’s AI Land Analyst produces an instant, data-backed estimate by comparing your lot to recent nearby land sales. The model prioritizes the most relevant comps within a 1-mile radius and the last 90 days, then adjusts for common price drivers like waterfront/canal influence, oversized lots, premium corners, and outliers that can distort averages.

What You’ll Receive

• A preliminary value range based on nearby sales comps

• A quick snapshot of comp distance and recency

• A plain-English explanation of what moved the estimate up or down

What Can Shift the Number
Zoning, utilities, HOA restrictions, wetland/flood constraints, and clearing costs can materially change final pricing. The AI result is a starting point; title review and site constraints are verified during due diligence to confirm a final offer.

Accelerate land development with AI-powered site feasibility, zoning analysis, and instant sales comps.