SYSTEM AND METHOD FOR GENERATING COST ESTIMATES FOR SPECIALTY PROPERTY

摘要

Systems, apparatuses, and methods for enabling a user to collect, assemble, manipulate, and utilize data regarding cost in one or more specific markets about specialty properties, such as assisted living, long-term care facilities, and the like. Several factors will affect a specific market and the ebb and flow of regional costs, regional cost, regional demographics, and regional econometrics. Further, intra-regional and extra-regional data may also reflect the behavior of individuals in a market based on additional factors. Collecting this data and assigning relative values to the data based on follow-on activities leads to an ever-changing cost index that is continuously updated through a machine-learning algorithm. As data is assimilated and cultivated in a cost index, cost estimates may be gleaned across a subset of data for any delineation of data by region, age group, facility type, and facility value.