Real estate and land property automated valuation systems: A taxonomy and conceptual model

Brano Glumac, François Des Rosiers

Research output: Working paper

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Abstract

Automated valuation models have been in use at least for the last fifty years in both academia and practice, while a proper definition was coined only in the last decade. This could be mostly backed by the fact that research done on the automated valuation models is mostly empirical and evidently lacking a conceptual framework. This imply two-sided contribution of this paper, a taxonomy and a conceptual framework.
Original languageEnglish
PublisherLISER
Number of pages24
Publication statusPublished - Apr 2018

Publication series

NameWorking Papers
PublisherLISER
No.2018-09
ISSN (Electronic)2716-7445

Keywords

  • automated valuation model
  • automated valuation system
  • computer-assisted mass appraisal
  • conceptual model
  • non-hierarchical taxonomy
  • real estate valuation decision support systems

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