Presentation Title (Limit of 12 words)

Improving Commercial Cost Market Models Utilizing Regression and GIS Technology

Presentation Category

03 DEVELOPING AND MANAGING CADASTRAL DATA

Session Description

The accuracy of the cost approach for commercial properties is enhanced by utilizing both regression and GIS technology. Regression analysis provides insight into current market conditions of the comparable sales, while GIS can be employed to analyze geospatial influences.

Audience Expertise

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

Start Date

8-31-2021 9:30 AM

End Date

8-31-2021 10:30 AM

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Aug 31st, 9:30 AM Aug 31st, 10:30 AM

Improving Commercial Cost Market Models Utilizing Regression and GIS Technology

The accuracy of the cost approach for commercial properties is enhanced by utilizing both regression and GIS technology. Regression analysis provides insight into current market conditions of the comparable sales, while GIS can be employed to analyze geospatial influences.