SYSTEM AND METHOD FOR GENERATING FINANCIAL ASSESSMENTS BASED ON CONSTRUCTION SITE IMAGES

1 . A method for generating financial assessments based on construction site images, the method comprising:

obtaining image data captured from a construction site using at least one image sensor;

obtaining at least one electronic record associated with the construction site; and

analyzing the image data and the at least one electronic record to generate at least one financial assessment related to the construction site.

2 . The method of claim 1 , further comprising:

analyzing the image data to identify at least one discrepancy between the at least one electronic record and the construction site; and

use the identified at least one discrepancy in the generation of the at least one financial assessment.

3 . The method of claim 1 , further comprising:

accessing at least one previous financial assessment related to the construction site;

comparing the at least one previous financial assessment with the generated at least one financial assessment to determine a magnitude of change;

comparing the magnitude of change with a selected threshold;

in response a determination that the magnitude of change is above the selected threshold, providing a notification to a user; and

in response a determination that the magnitude of change is below the selected threshold, forgoing providing the notification to the user.

4 . The method of claim 1 , wherein the image data comprises at least a first image corresponding to a first point in time and a second image corresponding to a second point in time, the elapsed time between the first point in time and the second point in time is at least one day, and the generated at least one financial assessment is based on a comparison of the first image and the second image.

5 . The method of claim 1 , further comprising:

analyzing the image data to detect at least one object in the construction site;

analyzing the image data to identify at least one property of the at least one object; and

basing the generated at least one financial assessment on the at least one property.

6 . The method of claim 5 , wherein the image data comprises one or more indoor images of the construction site, the at least one object comprises a plurality of tiles paving an indoor floor, the at least one property comprises a number of tiles, and the generated at least one financial assessment is based on the number of tiles.

7 . The method of claim 1 , wherein the at least one electronic record comprises a construction plan associated with the construction site, and the method further comprising using the construction plan to generate the at least one financial assessment related to the construction site.

8 . The method of claim 1 , wherein the at least one electronic record comprises a project schedule associated with the construction site, and the method further comprising using the project schedule to generate the at least one financial assessment related to the construction site.

9 . The method of claim 1 , wherein the at least one electronic record comprises a financial record associated with the construction site, and the method further comprising using the financial record to generate the at least one financial assessment related to the construction site.

10 . The method of claim 1 , wherein the at least one electronic record comprises a progress record associated with the construction site, and the method further comprising using the progress record to generate the at least one financial assessment related to the construction site.

11 . The method of claim 1 , further comprising using a position associated with at least part of the image data to generate the at least one financial assessment.

12 . The method of claim 1 , further comprising using a time associated with at least part of the image data to generate the at least one financial assessment.

13 . The method of claim 1 , wherein the generated at least one financial assessment comprises a risk assessment related to a loan associated with the construction site.

14 . The method of claim 1 , further comprising analyzing the image data to update at least one parameter of a loan associated with the construction site.

15 . The method of claim 1 , wherein the generated at least one financial assessment comprises a risk assessment related to an insurance policy associated with the construction site.

16 . The method of claim 1 , further comprising analyzing the image data to update at least one parameter of an insurance policy associated with the construction site.

17 . The method of claim 1 , wherein the generated at least one financial assessment comprises a valuation associated with the construction site.

18 . The method of claim 17 , wherein the valuation comprises a valuation associated with at least part of a constructed building built in the construction site after a completion of construction in the construction site.

19 . A system for generating financial assessments based on construction site images, the system comprising:

at least one image sensor configured to capture image data from a construction site; and

at least one processor configured to:

obtain at least one electronic record associated with the construction site; and

analyze the image data and the at least one electronic record to generate at least one financial assessment related to the construction site.

20 . A non-transitory computer readable medium storing data and computer implementable instructions for carrying out a method for generating financial assessments based on construction site images, the method comprising:

obtaining image data captured from a construction site using at least one image sensor;

obtaining at least one electronic record associated with the construction site; and

analyzing the image data and the at least one electronic record to generate at least one financial assessment related to the construction site.