PICO™
The credit score
for homes
Home condition makes all the difference in home value – what recent updates have you done?
PICO™ Property Score
What yourhome is worth todayincluding recent improvements
What it could be worth after your potential renovation
PICO™ is easy to understand
The PICO score ranges from a low of
500 to a high of 850
500
Is the typically score of a very old home which has had no upkeep, as just about everything in the home needs refurbishing. In expensive real estate markets, these often depreciate down to the value of the land.
850
Is the score of a new home. When a home is brand new, everything is in new condition, nothing is old or outdated.
Most homes in America are somewhere in-between brand new and needing everything replaced
Like a FICO® score, a PICO ™ score of 680 is pretty good – a well taken care of home where renovations and repairs are made as required.
PICO™ updates take only a minute
Just answer a few easy questions
about home upgrades
This is also the time to check and update square footage or other home facts
Current condition
See your most accurate home value by capturing your exact home status.
Future value
See how much your home value changes when you do scenarios for different renovations.
When PICO™ changes, your home value changes
The proprietary Kukun home value model creates
the link between PICO™ and home value
The core of PICO™ is understanding the useful life of the different parts of a house
Something people almost never think about is
the idea of “useful life” of their home
ROI varies by the items being renovated or repaired.
Heating and Air Conditioning systems typically have a useful life of 15 years.
Kitchens and bathrooms have a useful life of around 25 to 30 years, partly because things wear out, and partly because styles change and buyers don’t pay a premium for rooms they feel need renovation.
Home Condition Insights Powered by Kukun
Underlying the Kukun modeling is the aging data which also enables Kukun to provide a summary of the status of what a home needs.
