diff --git a/pyventory/asset.py b/pyventory/asset.py
index 1d58aa6..2b9a962 100644
--- a/pyventory/asset.py
+++ b/pyventory/asset.py
@@ -7,71 +7,119 @@ from pyventory import errors
 __all__ = ['Asset']
 
 
-class Asset:
+class SKIP_ATTR:
+    pass
+
+
+class AssetAttr:
+    _value = None
+    _name = None
+
+    def __init__(self, value):
+        self._value = value
+
+    def __get__(self, instance, owner):
+        if instance:
+            return self._value
+
+        if not isinstance(self._value, (str, Mapping, Sequence)):
+            return self._value
+
+        def get_attr(value):
+            return owner._get_attr(owner, self._name, strict=True)
+
+        value_type = type(self._value)
+        return type(
+            value_type.__name__,
+            (value_type,),
+            {'__call__': get_attr}
+        )(self._value)
+
+    def __set_name__(self, owner, name):
+        self._name = name
+
+
+class AssetMeta(type):
+
+    def __new__(cls, name, bases, namespace, **kwds):
+        new_namespace = {
+            '_name': f'{namespace["__module__"]}.{name}',
+        }
+
+        for key, value in namespace.items():
+            if not key.startswith('_'):
+                value = AssetAttr(value)
+            new_namespace[key] = value
+
+        return super().__new__(cls, name, bases, new_namespace, **kwds)
+
+
+class Asset(metaclass=AssetMeta):
+
     _string_format_regex = re.compile(r'{([\w_]+)}')
 
-    def __init__(self, **kwargs):
-        for name, value in kwargs.items():
-            setattr(self, name, value)
-
-    def _vars(self):
-        return self.__build_vars(self, strict_format=True)
-
-    @classmethod
-    def _cls_vars(cls):
-        return cls.__build_vars(cls)
-
-    @classmethod
-    def _name(cls):
-        return '{module}.{name}'.format(
-            module=cls.__module__, name=cls.__name__)
-
-    @classmethod
-    def __build_vars(cls, obj, strict_format=False):
-        _vars = {
-            attr_name: getattr(obj, attr_name)
-            for attr_name in dir(obj)
-            if not attr_name.startswith('_')}
-
-        for name, value in _vars.copy().items():
-            try:
-                _vars[name] = cls.__format_value(value, _vars, name)
-            except NotImplementedError:
-                if strict_format:
-                    raise errors.PropertyIsNotImplementedError(
-                        f'Var "{name}" is not implemented in "{obj._name()}"'
-                        ' asset instance')
-                else:
-                    del _vars[name]
-            except KeyError as e:
-                if strict_format:
-                    raise errors.ValueSubstitutionError(
-                        f'Attribute "{e.args[0]}" must be available for'
-                        ' "{obj._name()}" asset instance')
-                else:
-                    del _vars[name]
-            except errors.ValueSubstitutionInfiniteLoopError:
-                raise errors.ValueSubstitutionInfiniteLoopError(
-                    f'Attribute "{name}" has an infinite string substitution'
-                    f' loop for "{obj._name()}" asset instance')
-
-        return _vars
-
-    @classmethod
-    def __format_value(cls, value, context, start_key):
+    def __new__(cls, **kwargs):
+        self = super().__new__(cls)
+        self.__dict__.update(kwargs)
+        self.__dict__.update(self._vars(self, strict=True))
+        return self
+
+    @staticmethod
+    def _attrs(obj):
+        return [name for name in dir(obj) if not name.startswith('_')]
+
+    @staticmethod
+    def _context(obj):
+        return {name: getattr(obj, name) for name in obj._attrs(obj)}
+
+    @staticmethod
+    def _vars(obj, strict=False):
+        return {
+            name: value
+            for name, value in (
+                (name, obj._get_attr(obj, name, strict=strict))
+                for name in obj._attrs(obj))
+            if value is not SKIP_ATTR}
+
+    @staticmethod
+    def _get_attr(obj, name, strict=False):
+        try:
+            context = obj._context(obj).copy()
+            return obj._format_value(obj, context, context[name], name)
+        except NotImplementedError:
+            if strict:
+                raise errors.PropertyIsNotImplementedError(
+                    f'Var "{name}" is not implemented in "{obj._name}" asset')
+            else:
+                return SKIP_ATTR
+        except KeyError as e:
+            if strict:
+                raise errors.ValueSubstitutionError(
+                    f'Attribute "{e.args[0]}" must be available for'
+                    f' "{obj._name}" asset instance')
+            else:
+                return SKIP_ATTR
+        except errors.ValueSubstitutionInfiniteLoopError:
+            raise errors.ValueSubstitutionInfiniteLoopError(
+                f'Attribute "{name}" has an infinite string substitution'
+                f' loop in "{obj._name}" asset instance')
+
+    @staticmethod
+    def _format_value(obj, context, value, start_key):
         if value is NotImplemented:
             raise NotImplementedError
         if isinstance(value, str):
-            for key in cls._string_format_regex.findall(value):
+            for key in obj._string_format_regex.findall(value):
                 if key == start_key:
                     raise errors.ValueSubstitutionInfiniteLoopError
-                context[key] = cls.__format_value(
-                    context[key], context, start_key)
+                context[key] = obj._format_value(
+                    obj, context, context[key], start_key)
             return value.format(**context)
         if isinstance(value, Mapping):
             return {
-                k: cls.__format_value(v, context, start_key)
+                k: obj._format_value(obj, context, v, start_key)
                 for k, v in value.items()}
         if isinstance(value, Sequence):
-            return [cls.__format_value(v, context, start_key) for v in value]
+            return [
+                obj._format_value(obj, context, v, start_key) for v in value]
         return value
diff --git a/pyventory/export.py b/pyventory/export.py
index 1ea2c70..dddf750 100644
--- a/pyventory/export.py
+++ b/pyventory/export.py
@@ -11,48 +11,54 @@ from pyventory.inventory import Inventory
 __all__ = ['pyventory_data', 'ansible_inventory', 'terraform_vars']
 
 
-def pyventory_data(hosts):
+def pyventory_data(instances):
     """Provides raw inventory data as Python `dict` containing Asset data in
-    `assets` key and hosts data in `hosts` key.
+    `assets` key and instances data in `instances` key.
     """
-    inventory = Inventory(hosts)
+    inventory = Inventory(instances)
 
     assets = {
         name: attr.asdict(asset)
         for name, asset in inventory.assets.items()}
 
     for asset in assets.values():
-        for attr_name in ('hosts', 'vars', 'children',):
+        for attr_name in ('instances', 'vars', 'children',):
             if not asset[attr_name]:
                 del asset[attr_name]
 
-    hosts = inventory.hosts.copy()
+    instances = inventory.instances.copy()
 
-    return {'assets': assets, 'hosts': hosts}
+    return {'assets': assets, 'instances': instances}
 
 
-def ansible_inventory(hosts, out=sys.stdout, indent=None):
+def ansible_inventory(instances, out=sys.stdout, indent=None):
     """Dumps inventory in the Ansible's Dynamic Inventory JSON format to `out`.
     """
-    raw_data = pyventory_data(hosts)
+    raw_data = pyventory_data(instances)
 
-    data = raw_data['assets']
-    data['_meta'] = {'hostvars': raw_data['hosts']}
+    data = {}
+
+    for key, value in raw_data['assets'].items():
+        if 'instances' in value:
+            value['hosts'] = value.pop('instances')
+        data[key] = value
+
+    data['_meta'] = {'hostvars': raw_data['instances']}
 
     json.dump(data, out, indent=indent, default=list)
 
 
-def terraform_vars(hosts, filename_base='pyventory', indent=None):
+def terraform_vars(instances, filename_base='pyventory', indent=None):
     """Dumps inventory in the Terraform's JSON format to `<filename_base>.tf`
     setting their values as defaults.
     """
     tf_config_path = pathlib.Path(filename_base).with_suffix('.tf')
 
-    raw_data = pyventory_data(hosts)
+    raw_data = pyventory_data(instances)
 
     tf_config = {}
 
-    for asset_name, asset_data in raw_data['hosts'].items():
+    for asset_name, asset_data in raw_data['instances'].items():
 
         for name, value in asset_data.items():
 
diff --git a/pyventory/inventory.py b/pyventory/inventory.py
index b789166..d8a43c5 100644
--- a/pyventory/inventory.py
+++ b/pyventory/inventory.py
@@ -1,5 +1,5 @@
-from ordered_set import OrderedSet
 import attr
+from ordered_set import OrderedSet
 
 from pyventory.asset import Asset
 
@@ -11,28 +11,28 @@ __all__ = []
 class AssetData:
     vars = attr.ib(default=attr.Factory(dict))
     children = attr.ib(default=attr.Factory(OrderedSet))
-    hosts = attr.ib(default=attr.Factory(OrderedSet))
+    instances = attr.ib(default=attr.Factory(OrderedSet))
 
 
 class Inventory:
 
-    def __init__(self, hosts):
+    def __init__(self, instances):
         self.assets = {}
-        self.hosts = {}
+        self.instances = {}
 
-        for name, host in sorted(hosts.items()):
-            self.add_host(name, host)
+        for name, instance in sorted(instances.items()):
+            self.add_instance(name, instance)
 
-    def add_host(self, name, host):
-        if not isinstance(host, Asset):
+    def add_instance(self, name, instance):
+        if not isinstance(instance, Asset):
             return
 
-        self.hosts[name] = host._vars()
-        self.add_asset(host.__class__)
-        self.assets[host._name()].hosts.add(name)
+        self.instances[name] = instance._vars(instance, strict=True)
+        self.add_asset(instance.__class__)
+        self.assets[instance._name].instances.add(name)
 
     def add_asset(self, asset):
-        if asset._name() in self.assets:
+        if asset._name in self.assets:
             return
 
         for parent_asset in asset.__bases__:
@@ -44,6 +44,6 @@ class Inventory:
                 continue
 
             self.add_asset(parent_asset)
-            self.assets[parent_asset._name()].children.add(asset._name())
+            self.assets[parent_asset._name].children.add(asset._name)
 
-        self.assets[asset._name()] = AssetData(vars=asset._cls_vars())
+        self.assets[asset._name] = AssetData(vars=asset._vars(asset))

diff --git a/tests/test_asset.py b/tests/test_asset.py
new file mode 100644
index 0000000..2489c87
--- /dev/null
+++ b/tests/test_asset.py
@@ -0,0 +1,31 @@
+import pytest
+
+from pyventory import Asset, errors
+
+
+def test_calculate_asset_class_atribute_value_on_call():
+
+    class TestAsset(Asset):
+        foo = '{bar}'
+        bar = 'bar'
+
+    assert TestAsset.foo() == 'bar'
+
+
+def test_use_raw_asset_class_atribute_value():
+
+    class TestAsset(Asset):
+        foo = '{bar}-{baz}'
+        bar = 'bar'
+
+    assert TestAsset.foo == '{bar}-{baz}'
+
+
+def test_asset_class_atribute_value_calculation_is_strict():
+
+    class TestAsset(Asset):
+        foo = '{bar}-{baz}'
+        bar = 'bar'
+
+    with pytest.raises(errors.ValueSubstitutionError):
+        TestAsset.foo()
diff --git a/tests/test_inventory.py b/tests/test_inventory.py
index ac7ebf4..541189f 100644
--- a/tests/test_inventory.py
+++ b/tests/test_inventory.py
@@ -26,12 +26,12 @@ def test_allow_mixins_for_inventory_items():
                 ],
             },
             "test_inventory.TestAsset": {
-                "hosts": [
+                "instances": [
                     "test_asset",
                 ],
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {}
         },
     }
@@ -49,12 +49,12 @@ def test_allow_host_specific_vars():
     assert result == {
         'assets': {
             "test_inventory.TestAsset": {
-                "hosts": [
+                "instances": [
                     "test_asset",
                 ],
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {
                 "foo": "bar"
             },
@@ -74,12 +74,12 @@ def test_allow_format_strings_as_values():
     assert result == {
         'assets': {
             "test_inventory.TestAsset": {
-                "hosts": [
+                "instances": [
                     "test_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {
                 "bar": "ham",
                 "foo": "test_ham"
@@ -102,12 +102,12 @@ def test_allow_mapping_of_format_strings_as_values():
     assert result == {
         'assets': {
             "test_inventory.TestAsset": {
-                "hosts": [
+                "instances": [
                     "test_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {
                 "bar": "ham",
                 "foo": {
@@ -130,12 +130,12 @@ def test_allow_sequence_of_format_strings_as_values():
     assert result == {
         'assets': {
             "test_inventory.TestAsset": {
-                "hosts": [
+                "instances": [
                     "test_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {
                 "bar": "ham",
                 "foo": [
@@ -162,12 +162,12 @@ def test_strings_formatting_do_not_conflict_with_numbers():
                 "vars": {
                     "foo": 42
                 },
-                "hosts": [
+                "instances": [
                     "test_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {
                 "bar": "ham",
                 "foo": 42
@@ -181,10 +181,8 @@ def test_require_arguments_for_format_strings():
     class TestAsset(Asset):
         foo = '{bar}'
 
-    test_asset = TestAsset()
-
     with pytest.raises(errors.ValueSubstitutionError):
-        pyventory_data(locals())
+        test_asset = TestAsset()
 
 
 def test_inheritance_with_format():
@@ -207,12 +205,12 @@ def test_inheritance_with_format():
                 ]
             },
             "test_inventory.ChildAsset": {
-                "hosts": [
+                "instances": [
                     "child_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "child_asset": {
                 "bar": "ham",
                 "foo": "ham"
@@ -274,12 +272,12 @@ def test_deep_multiple_inheritance_propagation():
                     "baz": "Level3Asset4 baz value",
                     "foo": "Level1Asset1 foo value"
                 },
-                "hosts": [
+                "instances": [
                     "level3_asset4"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "level3_asset4": {
                 "bar": "Level1Asset2 bar value",
                 "baz": "Level3Asset4 baz value",
@@ -305,12 +303,12 @@ def test_skip_non_asset_locals():
     assert result == {
         'assets': {
             "test_inventory.TestAsset": {
-                "hosts": [
+                "instances": [
                     "test_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {}
         }
     }
@@ -341,17 +339,17 @@ def test_multiple_children():
                 ]
             },
             "test_inventory.TestAsset1": {
-                "hosts": [
+                "instances": [
                     "test_asset1"
                 ]
             },
             "test_inventory.TestAsset2": {
-                "hosts": [
+                "instances": [
                     "test_asset2"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset1": {},
             "test_asset2": {}
         }
@@ -381,12 +379,12 @@ def test_allow_notimplemented_value():
                 "vars": {
                     "foo": "bar"
                 },
-                "hosts": [
+                "instances": [
                     "test_asset"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset": {
                 "foo": "bar"
             }
@@ -402,10 +400,8 @@ def test_raise_notimplemented_value_in_final_asset():
     class TestAsset(BaseTestAsset):
         pass
 
-    test_asset = TestAsset()
-
     with pytest.raises(errors.PropertyIsNotImplementedError):
-        pyventory_data(locals())
+        test_asset = TestAsset()
 
 
 def test_string_format_does_not_miss_values():
@@ -443,7 +439,7 @@ def test_string_format_does_not_miss_values():
                     "baz": "baz-value",
                     "foo": "baz-value"
                 },
-                "hosts": [
+                "instances": [
                     "test_asset_1"
                 ]
             },
@@ -453,12 +449,12 @@ def test_string_format_does_not_miss_values():
                     "baz": "baz-value",
                     "foo": "baz-value"
                 },
-                "hosts": [
+                "instances": [
                     "test_asset_2"
                 ]
             },
         },
-        "hosts": {
+        "instances": {
             "test_asset_1": {
                 "bar": "baz-value",
                 "baz": "baz-value",
@@ -479,7 +475,5 @@ def test_string_format_detects_infinite_loop():
         bar = '{foo}'
         foo = '{bar}'
 
-    test_asset = TestAsset()
-
     with pytest.raises(errors.ValueSubstitutionInfiniteLoopError):
-        pyventory_data(locals())
+        test_asset = TestAsset()

Allow to use calculated value of an asset class
Given the following code

```python
    class MyAsset(Asset):
        foo = 'value is {bar}'
        bar = 'my value'
```

Accessing `MyAsset.foo` will return `'value is {bar}'`.

It will be useful to be able to get `'value is my value'` instead.

tests/test_asset.py::test_calculate_asset_class_atribute_value_on_call tests/test_asset.py::test_asset_class_atribute_value_calculation_is_strict tests/test_inventory.py::test_allow_mixins_for_inventory_items tests/test_inventory.py::test_allow_host_specific_vars tests/test_inventory.py::test_allow_format_strings_as_values tests/test_inventory.py::test_allow_mapping_of_format_strings_as_values tests/test_inventory.py::test_allow_sequence_of_format_strings_as_values tests/test_inventory.py::test_strings_formatting_do_not_conflict_with_numbers tests/test_inventory.py::test_require_arguments_for_format_strings tests/test_inventory.py::test_inheritance_with_format tests/test_inventory.py::test_deep_multiple_inheritance_propagation tests/test_inventory.py::test_skip_non_asset_locals tests/test_inventory.py::test_multiple_children tests/test_inventory.py::test_allow_notimplemented_value tests/test_inventory.py::test_raise_notimplemented_value_in_final_asset tests/test_inventory.py::test_string_format_does_not_miss_values tests/test_inventory.py::test_string_format_detects_infinite_loop
tests/test_asset.py::test_use_raw_asset_class_atribute_value