Mass appraisal techniques, MRA in assessment, Assessment performance measures
This paper examines the possibility of and reasons for property tax inequity when the sample of sold properties used in mass appraisal has a distribution of property characteristics that differs from that of the entire population from which the sales occur.
This paper is a portion of Dr. Hamilton’s doctoral dissertation on property tax equity, dispersion, and incidence at the University of Wisconsin-Madison.
Hamilton, Thomas W.
"Real estate market segmentation: A review,"
Assessment Journal: Vol. 3:
2, Article 5.
Available at: https://researchexchange.iaao.org/assessment_journal/vol3/iss2/5