Presentation Title (Limit of 12 words)

Delineating Objective Market Segments using Geographically Weighted Regression (GWR) and GIS Tools

Presentation Category

04 APPRAISING PROPERTY

Session Description

This session will provide guidance on an advanced methodology that allows for the development of a standardized location factor that will allow for the visualization of areas that have positive or negative influences on value. This methodology may be utilized by appraisers and analysts as an objective method to reconcile market segments for use in valuation cost and market models of residential properties.

Audience Expertise

Intermediate (Ideal for the participant with a general knowledge within the areas covered.)

Location

Room 405

Start Date

9-2-2020 12:45 PM

End Date

9-2-2020 1:45 PM

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Sep 2nd, 12:45 PM Sep 2nd, 1:45 PM

Delineating Objective Market Segments using Geographically Weighted Regression (GWR) and GIS Tools

Room 405

This session will provide guidance on an advanced methodology that allows for the development of a standardized location factor that will allow for the visualization of areas that have positive or negative influences on value. This methodology may be utilized by appraisers and analysts as an objective method to reconcile market segments for use in valuation cost and market models of residential properties.