Download or read book An Analysis of the Use of Mass Appraisal Methods for Agricultural Properties written by Jacobus Van der Walt and published by . This book was released on 2016 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Farms are highly heterogeneous and never identical. No two farms are ever alike in terms of (1) the basic resources, land, labour, or capital that are available, (2) the way these resources or factors of production are combined, or (3) in terms of the amounts of various crops and livestock produced. There are numerous factors that influence the price of a farm and some of these factors are not monetary related. This makes the task of the valuer complex, and it increases the possibility of large differences in the estimated market value determined and the actual selling price. The development and use of AVM (Automated Valuation Method) models in the valuation of especially residential property, is a worldwide phenomenon. The majority of AVM models use MRA (Multiple Regression Analysis) as a basis. The accuracy of a MRA relies heavily on the quality and accuracy of the data that are used. Thus, the availability of quality and accurate data has a significant impact on the potential accuracy of a MRA. Accurate MRA valuation estimates will be fair to individual farm owners regarding their municipal tax assessments and it will lead to a wider use of MRAs for the valuation of farms, with the associated benefits of lower valuation costs and speedier valuations, especially by financial institutions. This study analyses the unique and distinctive attributes of farms, which must be taken into account when a MRA model is developed. By following a stepwise regression approach, a regression model is developed which is fairly accurate, but it does not achieve a high level of accuracy. Furthermore, the results of the study show that it is difficult to have enough appropriate and accurate data available to develop a regression analysis for agricultural property to satisfy accuracy requirements. Although it is difficult, it is possible to develop MRA models that are fairly accurate. Therefore, if MRA models are currently used for the municipal valuation of farms, which are not fairly accurate, it should be possible to improve the accuracy. However, maximum accuracy cannot be achieved with MRA models. Thus, it cannot replace a valuation done by a skilled and knowledgeable professional valuer, when maximum accuracy is required.
Download or read book Computer Assisted Mass Appraisal written by William J. McCluskey and published by Routledge. This book was released on 2018-08-20 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997, this volume emerged in response to the need for material on the research, development, use and application of mass appraisal techniques for ad valorem property tax systems. The primary paradigms discussed include regression, base home technique, adaptive estimation procedure and artificial neural networks. Intending to address a wide range of property types, the authors explored residential, condominiums, retail, office and industrial property as well as agricultural and forestry land.
Download or read book Mass Appraisal Methods written by Tom Kauko and published by John Wiley & Sons. This book was released on 2009-01-28 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a cross-disciplinary and cross-cultural look atmass appraisal expertise for property valuation in different marketconditions, and offers some cutting- edge approaches. The editors establish an international platform and present thescientific debate as well as practical feasibility considerations.Heretic and orthodox valuation methods are assessed based onspecific criteria, partly technical and partly institutional.Methodological evaluation is approached using two types ofcriteria: operational concerns about how to determine propertyvalue differentials between spatial and functional units of realestate in a valid and reliable way (technical criteria); and thekind of market circumstances being operated in (institutionalcriteria). While technical criteria are relatively well-researched,there is little theoretically informed work on the connectionbetween country context and selection of property appraisalmethods. The book starts with an examination of current mass propertyappraisal practices, presenting case studies from widely differingmarkets - from the American and Dutch, where regression-basedmethods have been used successfully for some time; to the EasternEuropean and other emerging economies, where limitations have to becompensated by focusing on the modelling assumptions. The second part of the book looks at sophisticated modellingapproaches, some of which represent combinations of elements fromtwo or more techniques. Whatever the exact modelling approach, therequirements are always high for the quality of the data andsuitability of the method. In the final section, methods areevaluated and compared according to technical criteria and againstinstitutional contexts.With its exceptionally wide coverage ofvaluation issues, Mass Appraisal Methods: an internationalperspective for property valuers addresses property valuationproblems common to different countries and approaches applicable inboth developed and emerging economies.
Download or read book Mass Appraisal of Real Property written by Robert J. Gloudemans and published by . This book was released on 1999 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Appraisal of Rural Property written by and published by . This book was released on 2000 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Real Estate Valuation Theory written by Ko Wang and published by Springer Science & Business Media. This book was released on 2002-09-30 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is real property appraisal evolving, or have all of the "big ideas" already been conceived? This question has been circulating among the leaders of the Appraisal Institute during the past several annual meetings, usually encountering little in the way of satisfying answers. This is not too surprising, because grand ideas and new knowledge do not typically evolve from off-hand conversation. They are the product of focused intellectual activity and hours of difficult work. This unquenched thirst for new knowledge is the primary reason for assembling this collection of new manuscripts dealing with valuation theory, which was financially underwritten by the Appraisal Institute. Their generosity and willingness to partner with the American Real Estate Society made this collection of thoughtful and thought provoking essays possible. They are the result of a global response to a worldwide call for papers, and demonstrate that real estate valuation is indeed an international discipline. The United States, Australia and New Zealand, Southeast Asia, the Pacific Rim, and Europe are all represented by this impressive collection of authors. Together, the eighteen essays that make up this volume demonstrate that there are a sufficient number of "big ideas" to challenge and improve the appraisal profession for years to come. Real Estate Valuation Theory is organized around five categories of intellectual contribution to the whole-appraiser decision making and valuation accuracy, application of nontraditional appraisal techniques such as regression and the minimum-variance grid method, appraising contaminated property, ad valorem tax assessment, and new perspectives on traditional appraisal methods. One common thread is that all of the papers are exceptionally well written and thought provoking.
Download or read book Computer Assisted Mass Appraisal written by William J. McCluskey and published by . This book was released on 1997 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rationale for this text arose from a need to establish a forum to publish material on the research and devlopment, use and application of mass appraisal techniques as used in ad valorem property tax systems. The main paradigms covered include various forms of regression (additive, multiplicative, hybrid), base home technique, adaptive estimation procedure, comparable sales analysis, expert systems and artificial neural networks.
Download or read book Sale Prices as a Basis for Farmland Appraisal written by George Haas (Casper) and published by . This book was released on 1922 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sale Prices as a Basis for Farmland Appraisal written by George Casper Haas and published by . This book was released on 1922 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Comparison of Computer Assisted Mass Appraisal Methods written by Robert Carbone and published by . This book was released on 1980 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Appraisal of Farm Real Estate written by Robert C. Suter and published by . This book was released on 1980 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Comparative Sales Method for Mass Appraisal written by Ontario. Department of Municipal Affairs. Assessment Standards Branch and published by . This book was released on with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: An outline of the results of research in the application of statistical methods and computer technology to real property valuation for tax assessment.
Download or read book A Comparative Sales Method for Mass Appraisal written by Ontario. Department of Municipal Affairs. Assessment Standards Branch and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An outline of the results of research in the application of statistical methods and computer technology to real property valuation for tax assessment.
Download or read book Hearings Reports and Prints of the Senate Committee on Finance written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1976 with total page 1492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of the Book Mass Appraisal Methods an International Perspective for Property Valuers by Tom Kauko and Maurizio D Mato eds written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Law of Property Valuation and Planning in South Africa written by A.J. JONKER and published by Partridge Africa. This book was released on 2014-09-26 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the knowledge needed for expert property valuation in line with the requirements of the Valuers Act. But the scope of its contents is not confined to the needs of the professional valuers and students; it will prove to be very valuable to all property people: estate agents, attorneys, quantity surveyors, architects, and property practitioners in general.
Download or read book Improving Mass Appraisal Valuation Models Using Spatio temporal Methods written by Richard A. Borst and published by . This book was released on 2012 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is an essential text for those working in the field of computer-assisted mass appraisal. Although there are many very good sources of information available on various aspects of this specialist area, this book is the only one which deals specifically with the use of geostatistical methods in connection with other modern technologies and is directed at practitioners of the art and science of developing valuation models.
