LuminCity is the latest software in the lineage of proven bid-rent modeling tools brought to you by the team that developed MUSSA, Cube Land, and mu-Land.
The Open Land Allocation Framework is an open-source software project for microsimulation-based land use scenario planning, supporting LuminCity and the EcoSyntax API.
NEW! Host your bid-rent model on our cloud and integrate it with any GIS or modeling platform. Includes expert technical support and training.
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Bid-Rent modeling can be integrated with third-party land use models and scenario planning tools to provide additional demographic and economic detail, such as industry mix, property valuations, household incomes, and housing affordability.
With Bid-Rent modeling, organizations can easily conduct multiple 'What if?' analyses to prepare for a wide range of scenarios. Parameters, variables, and timeframes can all be quickly adjusted to stay ahead of possible outcomes.
The Bid-Rent model development process allows organizations to leverage locally maintained and private data sources, or fall back on our proven U.S. Census data analysis pipelines to create a standard model, calibrated to match local conditions.
Bid-rent modeling allows organizations to challenge assumptions, answer new questions, and identify variables that will have the most influence, were previously hidden, or prove to be the most turbulent.
Bid rent modeling draws upon a deep, data-driven understanding of developer and consumer behavior patterns in your regional real estate market.
Identify key metrics, market segments, and product types in a geographic area
Build econometric models based on rigorous data analysis to understand baseline behavior.
Allocate projected growth for future scenarios with varying assumptions