Spatial models in mass appraisal of real estate

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The author has analyzed main approaches to the mass appraisal of real property (Russian and foreign), pros and cons are pointed out. An approach based on spatial regression models which shows results better than conventional regression models and applicable to Russian real estate market is presented in the article.

Keywords: mass appraisal, spatial models
Citation in English: Belyaeva A.V. Spatial models in mass appraisal of real estate // Computer Research and Modeling, 2012, vol. 4, no. 3, pp. 639-650
Citation in English: Belyaeva A.V. Spatial models in mass appraisal of real estate // Computer Research and Modeling, 2012, vol. 4, no. 3, pp. 639-650
DOI: 10.20537/2076-7633-2012-4-3-639-650
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International Interdisciplinary Conference "Mathematics. Computing. Education"