AI Project Viability Tool
Project Description
Company background
ONE Development plans, designs and builds modern contemporary homes in and around Toronto, transforming property acquisition and redevelopment. With a keen eye for style and beauty, combined with our focus on cost effectiveness, ONE Development is able to bring premium, unique and quality homes to market.
Project scope and deliverables
- What data sources and inputs are necessary for the AI to accurately assess the viability of a multifamily project?
- How can we ensure the financial model’s accuracy and reliability with just the project address?
- What algorithms and machine learning techniques best predict project outcomes?
- How will we validate and test the tool to ensure it provides actionable insights for the company and its investors?
- What user interface features are needed to make the tool intuitive and user-friendly for the company?”
Project Details
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Summary
- Our project aim is for students to develop an AI tool that generates a comprehensive financial model for multifamily real estate projects, allowing users to assess project viability by simply entering the property's address.
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Sponsor
- ONE Development Corporation
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Semester
- Fall 2024
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Academic Area
- Information Systems
Real Estate