Grants and Contributions:

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Title:

Development of Auto-Populated Appraisal Forms

Agreement Number:

993241

Agreement Value:

$54,720.00

Agreement Date:

Jul 15, 2022 - Dec 31, 2022

Description:

Appraisal reports are required to be submitted to lenders on a nationally standardized form. Much of the information that is required is derived from public sources and is keyed in manually. The proposed project is to investigate the current architecture that is used to populate standardized appraisal forms. The project will involve investigating market tools that are available to support the auto-population of the form, reducing the amount of basic data entry required by the appraiser. Our project will test the selection of tools to auto-populate the form including but not limited to Selenium, Winn App driver and Renorex. We will repeat tests and evaluations until forms are populated at an accuracy rate of 80% or greater.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Stratford, Prince Edward Island, CA C1B 4A1

Reference Number:

172-2022-2023-Q2-993241

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

775962608

Recipient Type:

For-profit organization

Recipient's Operating Name:

Legacy Realty Services Inc.

Recipient's Legal Name:

102724 P.E.I. Inc.

Federal Riding Name:

Cardigan

Federal Riding Number:

11001

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

531320