New eco-focused homebuyer’s and owner’s report
AI-driven report provides a comprehensive guide to a home’s eco credentials, performance, history and environment.
A new report, to be made available to buyers and sellers focusing solely on the sustainability of a property, is under development and has just received significant seed funding.
Called the Climate Resilience Assessment, proptech start up PropEco is behind the report which provides an exhaustive eco guide to everything from a home’s energy usage to its carbon footprint.
It also covers a property’s vulnerability to climate change.
With aspects looking very similar to an EPC, the report also supplies detailed information about a property’s flood risk and its propensity to overheat, with an average temperature progression map showing how the area has warmed up over the years.
Climate change
In the sustainability section there is analysis of transport links, pollution and road noise levels and there is also an air quality assessment.
The report includes information on broadband and mobile coverage, which in the case of mobile, is broken down by all the main providers and their levels of local coverage.
The cost of compiling it is kept in check by the use of AI, with PropEco’s AI-powered platform constantly analysing data from thousands of sources.
A leader in the emerging field of climate-conscious property technology.”
The report is still in the developmental stage but the Glasgow-based company behind it has just announced it has received £275,000 of seed funding from Symvan Capital and the University of Strathclyde’s Inspire Entrepreneurs Fund.
Propeco’s Founder and CEO Chris Hardman says: “With increasing awareness of the risks that trends such as climate change pose to the built environment, PropEco is well-positioned to capitalise on growing market demand and establish itself as a leader in the emerging field of climate-conscious property technology.”
Symvan Capital Investment Manager Allen Xu said: “We are excited to support PropEco in its mission to positively impact how the property sector approaches climate risk.
“At Symvan Capital, we recognise the importance of integrating advanced analytics into decision-making processes, with accelerating climate change creating clear examples of where this need is pressing.”