Artificial intelligence-based block embedding

Abstract

A computer system and associated processes for grouping similar real estate properties into contiguous neighborhoods and generating neighborhood-specific models capable of estimating property values within their neighborhoods. An artificial intelligence system directed to using a graph neural network framework to identify relationships between different parcel groups based on similar property features and embed the parcel groups into low dimensional space vectors. The method can include generating a graph and features relevant to the parcel groups that can train an embedding function that generate an embedding vector for each parcel group in a geographic unit grouping, such as a census tract. Embedding vectors of two or more parcel groups can then be compared to each other to determine whether the parcel groups are similar or to determine a housing valuation of a parcel group.