Use Cases for Computer Vision in the real estate industry

Mark Christoph Schütte
CobbleVision
Published in
3 min readJul 29, 2019

Although computer vision has been around for many years, not many people seem to be aware of it’s value, feasibility and applications to real business and the world. At CobbleVision we are trying to create a future, where such technologies are commonly available. Hence, this blog post is one of many from a series, where we publish use cases to inspire you and experiment with the technology yourself. What follows are four applications in computer vision for you to pursue in the real estate industry.

Analytics in building automation

Video and Imaging solutions advance available statistics and data on existing real estate properties. Owners of real estate buildings need data to optimize their property and containing services, flats or stores. More data on how people move through real estate allows owners to make real estate property more efficient and effective.

Classification and tagging

Image Analysis is capable of tagging and classifying new real estate properties within portfolios. Registering a new real estate property requires input and information about the property being registered. With computer vision new property can be registered simply by providing images of the property.

Real estate valuation

Intelligent image systems are capable of valuing properties based on similar past sales and transactions. Real Estate Owners have a hard time predicting prices and evaluations, which is mostly based on factual data and not designs. Visual valuation of properties allows for consideration of design, contextual and environmental considerations.

Compliance and legal analysis

Image Analysis is capable of detecting images or data in images on real estate platforms, which is forbidden. Platform owners in real estate need to ensure the accuracy and legal conformity of their real estate media. With image analysis detecting illegal images or data within media on the platform is automated, which saves costs and efforts.

About CobbleVision - Visit us online!

At CobbleVision we are creating a digital marketplace and Software as a Service for computer vision. We are looking to make some of the smartest and advanced solutions available to anyone at low prices and high usability. As a buyer using our software is as simple as uploading a video or image to YouTube. Insights into your visual media is available without writing any code. Should you have created computer vision solutions in the past, you can sell or publish them on our marketplace.

--

--

Mark Christoph Schütte
CobbleVision

Shaping the future with innovation, passion and character. Developing vision with technology. Currently in Westminster, London at Victoria Station.