Mass Appraisal is the valuation of large quantity of properties. This automatic valuation procedure gave the opportunity to reach a single point estimate (The Appraisal of Real Estate, 13th Edition). The work test different location sensitive methodologies on a sample of 600 resi-dential properties in the city of Minsk in Belarus. This is the first ap-plication of mass appraisal modelling in Belarus. Empirical application compares a location blind model with two Location Value Response Surface models (O Connor, 1982), the former based on the detection of value influence centers the latter based on error surface modelling
Mass Appraisal Modelling in MInsk: Testing Different Models Location Sensitive / D’Amato, Maurizio; Siniak, Nikolaj - In: Appraisals : evolving proceedings in global change : 41. Meetings proceedings, Rome, 14-15 November 2011. Volume 2 : Theories and methods of real estate appraisal / [a cura di] Saverio Miccoli. - STAMPA. - Firenze : Firenze University Press, 2012. - pp. 735-743 (( convegno Appraisals. Evolving Proceeding in Global Change. 41th Meeting Ce.S.E.T. - Italian Association of Appraisers and Land Economists tenutosi a National Research Council (CNR) Rome (Italy) nel 14-15 November 2011 [10.13128/Aestimum-13175].
Mass Appraisal Modelling in MInsk: Testing Different Models Location Sensitive
Maurizio D’Amato;
2012-01-01
Abstract
Mass Appraisal is the valuation of large quantity of properties. This automatic valuation procedure gave the opportunity to reach a single point estimate (The Appraisal of Real Estate, 13th Edition). The work test different location sensitive methodologies on a sample of 600 resi-dential properties in the city of Minsk in Belarus. This is the first ap-plication of mass appraisal modelling in Belarus. Empirical application compares a location blind model with two Location Value Response Surface models (O Connor, 1982), the former based on the detection of value influence centers the latter based on error surface modelling| File | Dimensione | Formato | |
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