Real estate reasoning engine

Real estate has always had data.
It's never had a brain.

KOANO deploys five specialist agents that read every public record touching a property, scattered across federal, state and city agencies. Each weighs its own evidence, and the verdict they produce shows its arithmetic figure by figure.

Every figureData-Sourced·Every verdictReproducible·Every stepAuditable
01

Five agents. One verdict. Every step auditable.

01

Market timing

Reads recorded-sale prices, sales velocity, mortgage rates, and rents to judge whether conditions favor buying, selling, or waiting.

Timing verdict · Confidence score · Signal window
02

Infrastructure pipeline

Tracks approved building permits and zoning around a site for the construction and development that moves value.

Infrastructure impact · Price effect · Timeline
03

Demand sentiment

Reads mortgage lending, employment and wages, and household migration for where housing demand is heading.

Demand momentum · Gentrification stage
04

Risk & volatility

Weighs flood and climate risk, crime, environmental contamination, and building violations into a single risk score.

Risk score · Dominant risk factors
05

Regulatory & policy

Reads zoning, Opportunity Zone status, and landlord and violation records for the regulatory risk on a property.

Regulatory risk · Entitlement timeline
Synthesis agent
Recorded example175 3rd Street, Brooklyn · August 26, 2026

buy

Confidence 69 / 100 · Signal window 12 months · Provenance live

How this verdict was computed

Each specialist casts a directional vote, weighted by its own confidence. The weighted votes average into one score, which falls into a threshold band that names the verdict. It is deterministic code, not a judgment call. The same data always produces this exact result.

The score, against the thresholds
buyscore 1.23
sellwaitholdbuy
−2.0−1.20−0.301.02.0
Where the score came from

Decided by 2 of 5 agents.

Infrastructure Pipeline and Regulatory & Policy set the direction. The other 3 returned no directional signal. A neutral (hold) vote carries no weight, regardless of its confidence (up to 80 here). The 2 directional shares sum to the score above.

Infrastructure Pipeline
buy · conf 82
+0.42
Regulatory & Policy
wait · conf 75
−0.19
Market Timing
hold · conf 80
no directional signal
Risk & Volatility
hold · conf 80
no directional signal
Demand Sentiment
hold · conf 74
no directional signal
Structural direction from the facts (+1.00 to the score)

The specialists lean neutral on weak signal by design; a clear structural fact adds this directional nudge, which the drivers below explain.

97% unused FAR — large as-of-right development upside → buy
Σ weighted votes +89 ÷ Σ confidence 391 = 0.23 structural nudge +1.00 = 1.23 buy
thresholds: buy ≥ 1.0 · hold ≥ −0.3 · wait ≥ −1.2 · else sell · method confidence-weighted v1
02 · Provenance

Every figure, sourced.

The same verdict, opened up. Every number KOANO used carries its value, its provenance, and the exact public source it came from. This is the real ledger from the run above. On a New York address every figure is live, and where a figure is ever not live, KOANO labels it distinctly rather than quietly averaging it in.

Location confirmed (two geocoders agreed) · every figure below is for 175 3rd Street, Brooklyn

Market Timing
Median comp price$1,154 / sq ftLiveNYC DOF Rolling Sales (usep-8jbt)
Home price index, year over year+5.6%LiveFHFA House Price Index (2026 Q1)
30-year mortgage rate6.65%LiveFreddie Mac PMMS
Fair market rent, 2-bedroom$2,910 / moLiveHUD Fair Market Rents (FY2026)
Infrastructure Pipeline
DOB permits in tract (24 mo)675LiveNYC DOB permits (DOB NOW + legacy)
New-building permits on lot0LiveNYC DOB permits (DOB NOW + legacy)
Demand Sentiment
Median household income$165,179LiveUS Census ACS 2024 5-year
Mortgage denial rate (county)31.9%LiveCFPB HMDA (2024)
Net county migration−11,517 returnsLiveIRS SOI migration (2021–2022)
Risk & Volatility
FEMA flood zoneX (minimal hazard)LiveFEMA National Flood Hazard Layer
FEMA National Risk IndexVery Low (9)LiveFEMA National Risk Index
EPA cleanup sites within 2 mi16 (nearest 0.24 mi)LiveEPA Facility Registry Service
Reported crime, 1-mile radius (YTD)5,254 incidents (flat)LiveNYPD Complaint Data (5uac-w243)
Regulatory & Policy
Zoning districtM1-4/R7-2LiveNYC MapPLUTO (64uk-42ks)
Built FAR0.11LiveNYC MapPLUTO (64uk-42ks)
LIHTC eligibilityDifficult Development AreaLiveHUD QCT + DDA
Opportunity ZoneNoLiveIRS/Treasury QOZ designations

See the five provenance states, and every source →

03 · The archive

The public record forgets. KOANO remembers.

Government open data tells you the state of a building today. It does not keep yesterday. Nobody stores the week-over-week history, so nobody can reconstruct it after the fact.

Every week, KOANO snapshots the free public record into a time series of its own. It is thin right now, and that is the honest picture: two weekly captures and one gap where a run failed, shown as a gap rather than smoothed over. Every week it runs, the record is worth more, and it is the one asset a competitor cannot buy back later.

The record so far
Permits
Violations
Zoning
Ownership
captured gap (run failed) accruing weekly
04 · Monitoring

It watches the buildings you are watching.

Add a property and KOANO checks its public record every week, diffs it against the week before, and tells you only what actually changed. It reports the before and after it read from two snapshots, with no inference and no adjectives the data does not support, in the app and in a Monday digest.

Example alerts, in KOANO's exact wording

Ownership record changed

This may be a sale, or the same owner re-registering under a slightly different name. KOANO matches names exactly and cannot tell the two apart. Registered owner: SMITH REALTY LLC → 3RD STREET HOLDINGS LLC.

HPD violations resolved

Open HPD violations: 7 → 3 (4 resolved).

Comp price movement in this ZIP

Median recorded $/sq ft in this ZIP: $1,120 → $1,154 (+3%), over 100 recorded sales.

Every alert is a fixed template filled with values read straight from the record. It is a factual claim leaving KOANO by email, so nothing in it is written by a model.

05

The same engine. Four different altitudes.

“The same intelligence that helps a REIT make a $50M acquisition also tells a renter in Crown Heights if their building is safe.”

The public record behind every verdict

Municipal building records·Parcel, zoning and ownership·Recorded sales·Environmental contamination·Federal hazard and climate·Crime statistics·Mortgage and lending activity·Employment and migration·Prices, demographics and housing policy·Municipal building records·Parcel, zoning and ownership·Recorded sales·Environmental contamination·Federal hazard and climate·Crime statistics·Mortgage and lending activity·Employment and migration·Prices, demographics and housing policy·
06

See it work on a building you know.

Sign up and run three full analyses at no cost. Every verdict arrives with its reasoning and its sources, so you can check the work against what you already know about the address.