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Comparing the effectiveness of computer mass appraisal methods
Computer Research and Modeling, 2015, v. 7, no. 1, pp. 185-196Views (last year): 2.Location-based models — one of areas of CAMA (computer-assisted mass apriasal) building. When taking into account the location of the object using spatial autoregressive models structure of models (type of spatial autocorrelation, choice of “nearest neighbors”) cannot always be determined before its construction. Moreover, in practice there are situations where more efficient methods are taking into account different rates depending on the type of the object from its location. In this regard there are important issues in spatial methods area:
– fields of methods efficacy;
– sensitivity of the methods on the choice of the type of spatial model and on the selected number of nearest neighbors.
This article presents a methodology for assessing the effectiveness of computer evaluation of real estate objects. There are results of approbation on methods based on location information of the objects.
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Spatial models in mass appraisal of real estate
Computer Research and Modeling, 2012, v. 4, no. 3, pp. 639-650The 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.Views (last year): 3. Citations: 3 (RSCI).
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International Interdisciplinary Conference "Mathematics. Computing. Education"