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Comparables selection and multiple regression in estimating real estate value an empirical study

Comparables selection and multiple regression in estimating real estate value an empirical study Describes an empirical study of real estate value estimates inMelbourne, Australia, for the purpose of testing to see if computergenerated values are as good as those produced by ordinary manualprocesses. Describes computer systems, including MRA and a process knownas comparables selection, a computerbased system which is an attempt toemulate the manual comparable sale selection system. Finds that themanual method outperformed that carried out by computers. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Valuation Emerald Publishing

Comparables selection and multiple regression in estimating real estate value an empirical study

Journal of Valuation , Volume 7 (3): 18 – Mar 1, 1989

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0263-7480
DOI
10.1108/EUM0000000003263
Publisher site
See Article on Publisher Site

Abstract

Describes an empirical study of real estate value estimates inMelbourne, Australia, for the purpose of testing to see if computergenerated values are as good as those produced by ordinary manualprocesses. Describes computer systems, including MRA and a process knownas comparables selection, a computerbased system which is an attempt toemulate the manual comparable sale selection system. Finds that themanual method outperformed that carried out by computers.

Journal

Journal of ValuationEmerald Publishing

Published: Mar 1, 1989

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