Critical analysis and effectiveness of key parameters in residential property valuations

CC Lin - 2011 - gradworks.umi.com
Abstract: All municipalities are required to re-assess their real estate periodically which they
do manually spending large sums. This research has developed statistical and AI models for
such mass appraisals. Three statistical and AI models: multiple regression (MR), additive
nonparametric regression (ANR), and artificial neural network (ANN), were developed using
the housing database of the Town of Amherst with 33,342 residential houses. Prediction ...