Lidar (Light Detection and Ranging) technology has several practical applications in the real estate industry when incorporated into smartphone devices. Here are a few examples:
- Virtual property tours: Lidar can be used to create 3D models of properties, including their interiors and exteriors, which can be used to create virtual property tours. These tours can be used to give potential buyers a more immersive and realistic view of the property, without the need for an in-person visit.
- Space planning and design: Lidar can be used to measure the dimensions of rooms and other spaces within a property, which can be useful for space planning and interior design purposes. This can help real estate professionals to create more accurate floor plans and visualize how different design choices will look in the space.
- Property condition assessments: Lidar can be used to create high-resolution 3D scans of a property’s exterior and interior, which can be used to identify potential maintenance or repair issues. This information can be used to provide more accurate and detailed property condition assessments, which can help buyers to make more informed purchasing decisions.
- Automated property valuations: Lidar data can be used to generate more accurate and precise property valuations, which can help real estate professionals to set appropriate listing prices and negotiate more effectively.
- Environmental and neighborhood analysis: Lidar can be used to create detailed 3D maps of a property’s surrounding environment, including nearby buildings, roads, and other features. This information can be used to assess the property’s location and potential environmental hazards, as well as to identify amenities and other features in the surrounding neighborhood.
These are just a few examples of the practical applications of smartphone lidar in the real estate industry, and as the technology continues to evolve, we can expect to see even more innovative uses in the future. Reach out to the Valtira team of experts to learn more.