The rationale for this text arose from a need to establish a forum to publish material on the research and devlopment, use and application of mass appraisal techniques as used in ad valorem property tax systems. The main paradigms covered include various forms of regression (additive, multiplicative, hybrid), base home technique, adaptive estimation procedure, comparable sales analysis, expert systems and artificial neural networks. Conclusions drawn from the book demonstrate that factors such as : volatility of property markets; availability of property data; presence of cadastres; the expertize of those applying the techniques; and the avilable funding for system development are all relevant in the design and application of systems. The text attempts to bring together experts and researchers who are linked by the common theme of developing more rigorous, more objective and more cost effective appraisal approaches to the determination of property values.
A critical review of computer assisted mass appraisal techniques,
W.J.McCluskey; the use of mass appraisal techniques for rating valuation in
Hong Kong, R. Stevenson; the mass appraisal of residential property in
Northern Ireland, W.J. McCluskey, et al; the application of artificial
intelligence to mass appraisal systems, H. James; expert system development
for the mass appraisal of commercial property in Malaysia, A.H. Nawawi, D.
Jenkins and S. Gronow; computer assisted mass appraisal of farm land in
British Columbia, A. Pearce; mass appraisal of agricultural property in
Sweden. A. Sundquist; computer assisted mass appraisal - the Queensland
experience, A. Kirby; the New Zealand experience with computer assisted
valuation, A. Pegler; computer assisted valuation in Tasmania, D. Thomas; the
valuation of reidential property using regression analysis, R. Almy, et al;
mass appraisal of condominiums, W. Riley; TAXES - residential property
valuation for local tax purposes in the Netherlands, G.M. ten Have, A.G. op't
Veld and J.E. Janssen; mass appraisal for property tax purposes in Singapore,
L.S. Leng.
