Software developer SDS and Savills have agreed to link the Savills Automated Valuation Model (AVM) with the SDS ProVal viability appraisal application.
Savills entered into a partnership last year with Rightmove to make their desktop tool for referencing rents and capital values available to the affordable housing sector.
This latest agreement with SDS will give users of ProVal LS direct access to AVM and to hold the data within an appraisal. This data is a critical input for establishing the viability of new developments and/or assessing stock options, and holding the data with the appraisal will make it easier to review and audit these inputs.
Work on the link between AVM and ProVal is due to start this month and is expected to be completed by the end of 2012.