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.

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 Advances in Automated Valuation Modeling written by Maurizio d'Amato and published by Springer. This book was released on 2017-01-28 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses several problems related to automated valuation methodologies (AVM). Following the non-agency mortgage crisis, it offers a variety of approaches to improve the efficiency and quality of an automated valuation methodology (AVM) dealing with emerging problems and different contexts. Spatial issue, evolution of AVM standards, multilevel models, fuzzy and rough set applications and quantitative methods to define comparables are just some of the topics discussed.

Download or read book Economics and Engineering of Unpredictable Events written by Caterina De Lucia and published by Taylor & Francis. This book was released on 2022-03-07 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the intensification of unpredictable events including the Covid-19 outbreak, Brexit, trade warfare, religion-inspired terrorism and civil wars, and climate change has resulted in serious loss of human lives and property, a decrease in biodiversity and natural hazards (with long-term negative impacts on environment), and impeded social and economic development. Economics and Engineering of Unpredictable Events: Modelling, Planning and Policies provides an integrated view of the management of unpredictable events incorporating three major perspectives: economic management, environmental planning and engineering models. Contributors from economics, planning, regional science, and engineering address key questions including; How resilient are human societies and their habitats? What should societies do to shift from being vulnerable to being more resilient? And what role should planning and policies play to protect communities and the natural environment? The chapters cover academic debates, conceptual reflections, case studies, methods, and strategy development with particular reference to mitigation and adaptation in face of unpredictable events. This book is of particular interest to readers of economic policy, urban and regional planning and engineering.

Download or read book Standard on Automated Valuation Models AVMs written by Doug Warr and published by Iaao Technical Standards. This book was released on 2018-07 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Association of Assessing Officers (IAAO) maintains technical standards that reflect the official position of IAAO on various topics related to property tax administration, property tax policy, and valuation of property including mass appraisal and related disciplines. These standards are adopted by the IAAO Executive Board.IAAO assessment standards represent a consensus in the assessing profession. The objective of the IAAO standards is to provide a systematic means by which assessing officers can improve and standardize the operation of their offices. The IAAO standards are advisory in nature and the use of, or compliance with, these standards is purely voluntary. If any portion of these standards is found to be in conflict with the Uniform Standards of Professional Appraisal Practice (USPAP) or state laws, USPAP and state laws shall govern.IAAO technical standards are intended to guide property tax assessment officials, tax policy analysts, and administrators. Similar issues arise in any nation's property tax systems. IAAO standards can provide guidance internationally. However, certain sections of these standards apply primarily to the United States and Canada, where the power to tax property is assigned to state, provincial, or territorial governments.

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 Practical Applications in Appraisal Valuation Modeling written by M. Steven Kane and published by . This book was released on 2004 with total page 0 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 1972 with total page 21 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 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 Automated Valuation Models written by Mary Lou Downie and published by . This book was released on 2007-01-01 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 A Guide to Appraisal Valuation Modeling written by Mark R. Linne and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces skeptocs to the mathematical modeling of market behavior. The handbook provides historical perspectives, statistical fundamentals. support for assertions of causality in appraisal reports, and the basics of models refression analysis and model construction.

Download or read book Colonial Racial Capitalism written by Susan Koshy and published by Duke University Press. This book was released on 2022-08-29 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to Colonial Racial Capitalism consider anti-Blackness, human commodification, and slave labor alongside the history of Indigenous dispossession and the uneven development of colonized lands across the globe. They demonstrate the co-constitution and entanglement of slavery and colonialism from the conquest of the New World through industrial capitalism to contemporary financial capitalism. Among other topics, the essays explore the historical suturing of Blackness and Black people to debt, the violence of uranium mining on Indigenous lands in Canada and the Belgian Congo, how municipal property assessment and waste management software encodes and produces racial difference, how Puerto Rican police crackdowns on protestors in 2010 and 2011 drew on decades of policing racially and economically marginalized people, and how historic sites in Los Angeles County narrate the Mexican-American War in ways that occlude the war’s imperialist groundings. The volume’s analytic of colonial racial capitalism opens new frameworks for understanding the persistence of violence, precarity, and inequality in modern society. Contributors. Joanne Barker, Jodi A. Byrd, Lisa Marie Cacho, Michael Dawson, Iyko Day, Ruth Wilson Gilmore, Alyosha Goldstein, Cheryl I. Harris, Kimberly Kay Hoang, Brian Jordan Jefferson, Susan Koshy, Marisol LeBrón, Jodi Melamed, Laura Pulido

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 Mass Appraisal at the Census Level Israeli Case written by Larisa Fleishman and published by . This book was released on 2018 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mass appraisal valuation is increasingly based on multiple regression analysis in order to fit valuation statistical model for calculating market value of all properties in a target population. In this paper we develop and assess the predictive performance of different models for the estimation of dwelling values for all types of dwellings at a nationwide level in Israel. In order to investigate the representativeness of transaction data, the regression coefficients derived from the hedonic models estimated on transaction prices and on self-reported dwelling valuations, are compared. The results of this analysis are used to build several prediction models. Regression coefficients' stability is tested by a quantile regression method that allows properties to be divided into sufficiently homogeneous estimation cells parsed by geographic and economic criteria. Our prediction model allowed obtaining acceptably precise dwelling value estimators at a census tract level. The proposed method applied to additional time points, gains stable estimators with rather small fluctuations in accuracy indices and standard deviations. Dwelling values estimated at the nationwide level enable to produce new statistical products at high geographic resolutions on a range of topics, e.g., the behavior of the housing market, the economic profile of residential areas, well-being and inequality, etc.

Download or read book Mass Appraisal of Residential Apartments written by Evgeny Antipov and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To the best knowledge of authors, the use of Random forest as a potential technique for residential estate mass appraisal has been attempted for the first time. In the empirical study using data on residential apartments the method performed better than such techniques as CHAID, CART, KNN, multiple regression analysis, Artificial Neural Networks (MLP and RBF) and Boosted Trees. An approach for automatic detection of segments where a model significantly underperforms and for detecting segments with systematically under- or overestimated prediction is introduced. This segmentational approach is applicable to various expert systems including, but not limited to, those used for the mass appraisal.