Presentation Title (Limit of 12 words)

AVM Showdown: A Performance Comparison of Today's Most Popular Modeling Techniques

Presentation Category

04 APPRAISING PROPERTY

Session Description

As machine learning (a subset of artificial intelligence) capabilities continue to advance, an ever-increasing variety of AVMs are becoming available to assessors. This presentation will compare the appraisal performance of various AVM techniques, including conventional multiple regression analysis (MRA) and more recent machine learning algorithms. It will provide attendees with procedural recommendations designed to optimize the effectiveness and efficiencies of AVMs use in the modern-day assessor's office.

Audience Expertise

General Interest (Appropriate for all experience level)

Location

Room 406

Start Date

9-1-2020 9:30 AM

End Date

9-1-2020 10:30 AM

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Sep 1st, 9:30 AM Sep 1st, 10:30 AM

AVM Showdown: A Performance Comparison of Today's Most Popular Modeling Techniques

Room 406

As machine learning (a subset of artificial intelligence) capabilities continue to advance, an ever-increasing variety of AVMs are becoming available to assessors. This presentation will compare the appraisal performance of various AVM techniques, including conventional multiple regression analysis (MRA) and more recent machine learning algorithms. It will provide attendees with procedural recommendations designed to optimize the effectiveness and efficiencies of AVMs use in the modern-day assessor's office.