Presentation Title
Machine Learning Algorithms: The Future of Property Valuation?
Brief Session Description
The role of AI and machine learning in the valuation industry is inevitable. In 2018, Property Valuation Services Corporation, the assessment jurisdiction for Nova Scotia, Canada, used a machine learning algorithm to produce accurate assessments for its residential improved file. In this presentation, PVSC will share its machine learning results to date and how it is integrating machine learning and other technologies into its operations - evolving and strengthening quality, productivity and processes while gaining efficiencies.
Presentation Category
Real Property Valuation Agricultural, Commercial/Industrial and Residential
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Location
207-208
Start Date
9-9-2019 4:15 PM
End Date
9-9-2019 5:15 PM
Moderator Name
Keith Erffmeyer
Apendium Knowledge Area
Appraising Property
Machine Learning Algorithms: The Future of Property Valuation?
207-208
The role of AI and machine learning in the valuation industry is inevitable. In 2018, Property Valuation Services Corporation, the assessment jurisdiction for Nova Scotia, Canada, used a machine learning algorithm to produce accurate assessments for its residential improved file. In this presentation, PVSC will share its machine learning results to date and how it is integrating machine learning and other technologies into its operations - evolving and strengthening quality, productivity and processes while gaining efficiencies.
