Eres : Digital Library : Works

Paper eres2014_169:
Using Assessed Values in Property Valuations

id eres2014_169
authors Shi, Song
year 2014
title Using Assessed Values in Property Valuations
source 21st Annual European Real Estate Society Conference in Bucharest, Romania
summary This paper proposes an improved net rate analysis using the assessed land values to proxy market land values in real estate appraisals. Compared to the traditional sales comparison approach, the method has greatly simplified the comparison process and extended the potential pool of comparable sales. Simulations based on the theoretical and empirical data suggest that the method benefits much from the law of compensation of errors and the impact of measurement errors in assessor land values is small. The method could be applicable in a wide range of established areas where there are few vacant land sales.
series ERES:conference
email s.shi@massey.ac.nz
more http://library.eres.org/cgi-bin/rsa98.pl?conf=ERES2014&type=session&theme=Q &slot=2730
content file.pptx (1,497,062 bytes)
discussion No discussions. Post discussion ...
ratings
session Q : Real Estate Valuation
last changed 2014/10/21 21:51
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