Method of using building permits to identify underinsured properties

A computer-implemented method comprising:

• querying and retrieving, from a plurality of non-transitory computer-readable source databases, a plurality of source data records each associated with a respective one of a plurality of man-made physical structures;
• writing, to a non-transitory computer-readable target database, each source data record in the plurality of source data records, along with an association between each source data record and its associated man-made physical structure in the plurality of man-made physical structures;
• selecting, from the non-transitory computer-readable target database, target data records in the plurality of data records, each target data record being associated with a target man-made physical structure in the plurality of man-made structures;
• retrieving the selected target data records;
• performing operations to determine, based on the retrieved target data records, a physical condition classification of the target man-made physical structure, the operations comprising:
• if (1) a quantity of the retrieved target data records over a first time period is less than a first predetermined record quantity threshold, and (2) an age of the target man-made physical structure is greater than a first predetermined physical structure age threshold, then associating the target man-made physical structure with a high condition factor classification,
• if (1) the quantity of retrieved target data records over a second time period is greater than a second predetermined data record quantity threshold, and (2) the age of the target man-made physical structure is less than a second predetermined physical structure age threshold, then associating the target man-made physical structure with a low condition factor classification, and,
• if (1) a job cost associated with a given retrieved target data record is greater than a predetermined job cost threshold, and (2) a permit age associated with the given retrieved target data record is less than a predetermined job age threshold, then associating the target man-made physical structure with a highly improved condition classification.

A computer-program product (CPP) embodied in a non-transitory computer readable memory and storing instructions that, when executed by a processor, cause the processor to perform computer-implemented method steps comprising:

• querying and retrieving, from a plurality of non-transitory computer-readable source databases, a plurality of source data records each associated with a respective one of a plurality of man-made physical structures;
• writing, to a non-transitory computer-readable target database, each source data record in the plurality of source data records, along with an association between each source data record and its associated man-made physical structure in the plurality of man-made physical structures;
• selecting, from the non-transitory computer-readable target database, target data records in the plurality of data records, each target data record being associated with a target man-made physical structure in the plurality of man-made structures;
• retrieving the selected target data records;
• performing operations to determine, based on the retrieved target data records, a physical condition classification of the target man-made physical structure, the operations comprising:
• if (1) a quantity of the retrieved target data records over a first time period is less than a first predetermined record quantity threshold, and (2) an age of the target man-made physical structure is greater than a first predetermined physical structure age threshold, then associating the target man-made physical structure with a high condition factor classification,
• if (1) the quantity of retrieved target data records over a second time period is greater than a second predetermined data record quantity threshold, and (2) the age of the target man-made physical structure is less than a second predetermined physical structure age threshold, then associating the target man-made physical structure with a low condition factor classification, and,
• if (1) a job cost associated with a given retrieved target data record is greater than a predetermined job cost threshold, and (2) a permit age associated with the given retrieved target data record is less than a predetermined job age threshold, then associating the target man-made physical structure with a highly improved condition classification.

A system comprising:

• a processor
• a non-transitory computer readable memory storing instructions that, when executed by the processor, cause the processor to perform computer-implemented method steps comprising:
• querying and retrieving, from a plurality of non-transitory computer-readable source databases, a plurality of source data records each associated with a respective one of a plurality of man-made physical structures;
• writing, to a non-transitory computer-readable target database, each source data record in the plurality of source data records, along with an association between each source data record and its associated man-made physical structure in the plurality of man-made physical structures;
• selecting, from the non-transitory computer-readable target database, target data records in the plurality of data records, each target data record being associated with a target man-made physical structure in the plurality of man-made structures;
• retrieving the selected target data records;
• performing operations to determine, based on the retrieved target data records, a physical condition classification of the target man-made physical structure, the operations comprising:
• if (1) a quantity of the retrieved target data records over a first time period is less than a first predetermined record quantity threshold, and (2) an age of the target man-made physical structure is greater than a first predetermined physical structure age threshold, then associating the target man-made physical structure with a high condition factor classification,
• if (1) the quantity of retrieved target data records over a second time period is greater than a second predetermined data record quantity threshold, and (2) the age of the target man-made physical structure is less than a second predetermined physical structure age threshold, then associating the target man-made physical structure with a low condition factor classification, and,
• if (1) a job cost associated with a given retrieved target data record is greater than a predetermined job cost threshold, and (2) a permit age associated with the given retrieved target data record is less than a predetermined job age threshold, then associating the target man-made physical structure with a highly improved condition classification.