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Last updated on May 31st, 2021 at 08:51 am
A home is the biggest investment of the majority of Americans with 62% of their net worth associated with their home equity.
For most Americans homeownership is the best way to grow wealth, but there has never been a trusted source of information said Brian Lent and David Bluhm in a joint statement.
Plunk is the first mobile app that uses AI and machine learning to help you identify the right partners to grow your home’s value.
You can get real-time analysis; expert, data-driven insights; and personalized recommendations on the best ways to improve your home, project by project.
With the Plunk app, homeowners now can simply use their phones to grow their home’s value
The Features of the App includes
Real-time valuation: Plunk goes beyond traditional appraisals and online guesstimates.
With the help of AI, image analysis, and computer vision, upgrades made in the home are all used to provide homeowners with a more accurate, real-time home valuation by the app.
Plunk Value: A new metric to the housing market is introduced by Plunk, which uncovers a home’s potential value based on Plunk’s top project recommendations.
Project recommendations: Through advanced analytics, Plunk identifies Where and how much should you invest in your home with specific remodeling projects so it has the most impact on a home’s value and provides the greatest returns.
Lent, the co-founder, and CEO of Plunk is a data science pioneer who has for over 3 decades been at the forefront of data mining, machine learning, predictive analytics, and leading-edge AI technology.
While the co-founder and president Bluhm, has been building and growing tech startups for over three decades.
Mike Shapiro, investor, and managing director at Plunk said that residential real estate being the world’s largest asset class, which is representing over $36 trillion in the U.S., there is no reliable resource that helps homeowners to maximize their investments.
Shapiro was the co-founder and CEO of HOM and a market maker at the Chicago Board Options Exchange for close to a decade.
Initially, Plunk will be available in the greater Seattle area.
Reference Source: Business Wire
