Covius, FoxyAI partner on AI-driven property valuations

• An automated valuation model that incorporates property characteristics, market trends and hyperlocal comparables from Weiss Analytics.
• AI-powered property condition analysis from FoxyAI, which evaluates listing photos to generate a condition score and estimate the accuracy of an after-renovation value.
• Return-on-investment projections from Blue Book International, which combine FoxyAI’s valuation with estimated renovation costs to help investors assess potential returns.

Christopher Link, senior vice president for asset and default at Covius and the head of RealtyBid, said the partnership enhances RealtyBid’s ability to provide data-driven tools for investors.

“Our partnership with FoxyAI marks an exciting step forward for RealtyBid in our mission to deliver best-in-class solutions to real estate investors and future homeowners,” Link said. “By integrating advanced AI-powered valuation and localized cost estimation tools, we’re empowering our users with deeper insights into property conditions and renovation costs.

“This added layer of transparency and accuracy enables buyers to make more informed investment decisions with confidence.”

FoxyAI CEO Vin Vomero said the collaboration aligns with the company’s mission to improve real estate decision-making through AI.

“We are excited to collaborate with Covius in bringing FoxyAI computer vision technology solutions to the RealtyBid platform,” Vomero said. “It is a delight to work with a company that shares our commitment to using innovation and AI technology to improve the customer experience and ultimately enhance customer economics through better decision making with transparent and accurate information.”

Founded in 2018, FoxyAI specializes in real estate visualization and property intelligence, using AI and computer vision to analyze property images and generate data-driven insights.

Covius provides technology tools and services to financial institutions, including asset management, compliance solutions and real estate auction services. The company was recognized as a 2025 HousingWire Tech100 winner.