OREM, Utah, April 28, 2010 — 360Value® is now the first and only replacement-cost estimation system to incorporate building cost information from NADA Appraisal Guides, Inc. The addition of the NADA manufactured housing data is one of several enhancements to the 360Value manufactured/mobile home component.
Developed by Xactware, 360Value is a web-based replacement-cost estimator for residential, commercial, and agricultural properties.
“360Value provides another channel for insurers to access our data to determine depreciated replacement-cost estimates for manufactured and mobile homes,” said Sherrie Clevenger, managing editor at NADA Appraisal Guides. “Working with Xactware to provide insurers more ways to access our data is a logical choice. 360Value is the fastest-growing solution of its kind and is widely used by many of the largest U.S. insurers.”
360Value manufactured/mobile replacement-cost estimates will now incorporate building cost data from NADA Appraisal Guides, Inc. and Xactware. The NADA Manufactured Housing Cost Guide data provides cost information for more than 6,000 manufactured/mobile homes built between 1972 and 2011, making it the leading publisher of manufactured and mobile home valuation data.
“We are proud to collaborate with NADA Appraisal Guides, Inc. to develop industry-leading solutions for insurers,” said Scott Amussen, Xactware’s assistant vice president of 360Value. “The NADA Manufactured Housing Cost Guide information is the industry standard for estimating manufactured housing and mobile home values. Combining the NADA manufactured housing data with the building cost data researched by Xactware will provide insurers the most comprehensive building cost database of its kind.”
Additional enhancements to 360Value’s manufactured and mobile home component include new data entry fields to let users describe buildings in more detail; enhanced user support, such as updated context-sensitive help and online tutorials; and more options to enter additions, basements, and attached or detached structures.
Xactware Solutions (Xactware) is a Verisk Analytics company that specializes in the property insurance, remodeling, and restoration industries. Xactware’s technology tools include software estimating programs for PCs and tablet PCs, as well as powerful online systems for replacement-cost calculations, estimate tracking, and data trending in real time. For more information about Xactware’s products and services, contact Xactware at 1-800-424-9228 or at www.xactware.com.
(801) 764-5900, x 653