Mass Appraisal Methods (eBook)

Tom Kauko, Norwegian University of Science and Technology, and Delft University of Technology, The Netherlands. Maurizio d'Amato, Technical Univerisity Politecnico di Bari, Italy.

Contributors.

Foreword.

Preface.

Abbreviations.

1 Introduction: Suitability Issues in Mass Appraisal Methodology
(Tom Kauko and Maurizio d'Amato).

PART I MASS APPRAISAL PRACTICE AND RECOMMENDATIONS.

2 Data Issues Involved with the Application of Automated
Valuation Methods: A Case Study (John F. Thompson, Jr).

3 The Modified Comparable Sales Method as the Basis for a
Property Tax Valuations System and its Relationship and Comparison
to Spatially Autoregressive Valuation Models (Richard A. Borst and
William J. McCluskey).

4 Automated Valuation in the Dutch Housing Market: The
Web-Application 'MarktPositie' Used by NVM-Realtors (Dree Op
't Veld, Emma Bijlsma and Paulien van de Hoef).

5 Using Fuzzy Numbers in Mass Appraisal: The Case of the
Belarusian Property Market (Maurizio d'Amato and Nikolai
Siniak).

PART II CURRENT ADVANCED METHODS.

6 Mass Appraisal, Hedonic Price Modelling and Urban
Externalities: Understanding Property Value Shaping Processes
(François Des Rosiers and Marius Thériault).

7 Residuals Analysis for Constructing 'More Real'
Property Value (Malgorzata Renigier).

8 The Hierarchical Trend Model (Marc K. Francke).

PART III EMERGING METHODS.

9 Developing Mass Appraisal Models with Fuzzy Systems (Marco
Aurélio Stumpf González).

10 Utterly Unorthodox Modelling for the Purposes of Mass
Appraisal: An Approach Based on Patterns and Judgments (Tom
Kauko).

11 Rough Set Theory as Property Valuation Methodology: The Whole
Story (Maurizio d'Amato).

PART IV COMPARISON OF TOOLS USING A SET OF SPECIFIC
CRITERIA.

12 Technical Comparison of the Methods Including Formal Testing
of Accuracy and Other Modelling Performance Using Own Data Sets and
Multiple Regression Analysis (Richard A. Borst, François Des
Rosiers, Malgorzata Renigier, Marco Aurélio Stumpf
González, Tom Kauko and Maurizio d'Amato).

13 Property Market Classification and Mass Appraisal Methodology
(Maurizio d'Amato and Tom Kauko).

PART V CONCLUSION.

14 Automated Valuation Methods, Empirical Modelling of Value,
and Systems for Market Analysis (Tom Kauko).

Glossary.

Index.

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