Improving Ratio Studies with GIS and Artificial Intelligence
Session Description
Spatial machine learning algorithms have been shown to provide heightened accuracy due to mechanisms that help account for locational fluctuations in supply and demand. This presentation demonstrates how GIS and artificial intelligence can be used to show assessors where assessed values drift from the market, and by how much, so that simple factor adjustments may be applied to improve assessments and ratio study performance
Improving Ratio Studies with GIS and Artificial Intelligence
Spatial machine learning algorithms have been shown to provide heightened accuracy due to mechanisms that help account for locational fluctuations in supply and demand. This presentation demonstrates how GIS and artificial intelligence can be used to show assessors where assessed values drift from the market, and by how much, so that simple factor adjustments may be applied to improve assessments and ratio study performance