Article Highlights (Topped with a Dose of Sass)
- Simply Homes, believing in the power of proptech, has implemented an AI-backed performance model to divine the magic number that’ll turn a fixer-upper into a money-spinner. Breaking tradition like a rebel, aren’t they?
- The swarm of putty knives and hard hats is so last century. This model says it knows precisely what a rundown property needs to become livable… and profitable. I wonder if it also predicts the lottery numbers?
- Apply some AI love to the ceilings, walls, and floors, and voila! You’ve got a real estate version of Dr. Strange seeing millions of future outcomes. Only this time, no Infinity Stones are involved.
- This isn’t about slapping on a fresh layer of paint and hoping for the best. The AI aims to calculate the optimal renovations required, from heating systems to the perfect number of Instagram-friendly avocado trees to plant in the back garden.
- Last but not least, the genius model doesn’t just stop at telling what needs to be done. Move over, magicians with crystal balls, it also forecasts the expected profitability of each task within an estimated timeline. Now, that’s smart… and a bit scary!
And Now for the Funny, Witty ‘Hot Take’
Based on this article, the future of renovations seems more like an episode of ‘Black Mirror’ than ‘Fixer Upper’. Simply Homes is sticking AI on home renovation like sticking googly eyes on an inanimate object – it’s weird, but it somehow works. Imagine strolling into a house, wiring up to an AI, and finding out exactly what to remodel for peak profit. You’ll need a can of paint, a new kitchen counter, two bathrooms upgrades, and exactly 3.45 avocado trees. Because apparently, the .45 avocado tree is the secret to increasing property value.
Who needs human judgment, years of experience, or design knowledge when you can have a robot tell you exactly how many Bohemian rug knock-offs to scatter around the living room for max ambiance and profit return? Did this AI just put an entire horde of interior decorators and renovation experts out of business?
Will the tech crunch the numbers for us and calculate how much our house worth if we paint the kitchen in that delightful shade of millennial pink? Can it also tell us how many people would suddenly find us more interesting at parties if we start our anecdotes with “As my house-flipping AI once said….”?
More power to Simply Homes if they’ve found the secret formula to perfecting homes. But, let’s see this through the test of time, housing market shifts, and the occasional faulty algorithm. Future renovations, brought to you by AI. Welcome to 2022, where even the roombas have opinions about your interior décor choices.
Original article: https://www.inman.com/2023/12/12/simply-homes-funded-22m-to-apply-ai-to-home-affordability-crisis/
