Presentation Title (Limit of 12 words)
Market Approach by Multiple Regression Analysis: A Texas Appraisal District Case Study
Presentation Category
04 APPRAISING PROPERTY
Session Description
Over the last few years, WCAD has undertaken a project to utilize multiple regression analysis (MRA) to derive adjustments to comparable sales within the market approach for mass valuation and value defense. This session will overview the project scope, methodology, outcomes, and discuss the advantages and disadvantages of implementing MRA in the market approach.
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Start Date
9-1-2020 2:30 PM
End Date
9-1-2020 3:30 PM
Market Approach by Multiple Regression Analysis: A Texas Appraisal District Case Study
Over the last few years, WCAD has undertaken a project to utilize multiple regression analysis (MRA) to derive adjustments to comparable sales within the market approach for mass valuation and value defense. This session will overview the project scope, methodology, outcomes, and discuss the advantages and disadvantages of implementing MRA in the market approach.