Smart Data for Real Estate

The smart data approach of the EPIQR process allows for the benefits of digitizing data to be used also in the management of existing buildings. This method is based on the pareto principle. Accordingly, it relies on class rather than mass when it comes to building evaluation. Instead of collecting vast amounts of data, it uses the findings of scientific investigations of existing data, that is, smart data, in order to deliberately collect only few building informations. Statistical relationships between these building informations lead to extrapolations with also relatively accurate results. Thus smart data for real estate helps to also make real estate management more efficient.