Statistical Risk Scoring for Self-Reported Income: Improving Income Approach Valuation
Presentation Category
02 COLLECTING AND MAINTAINING PROPERTY DATA
General Session Description
This session presents a data-driven framework to improve the reliability of self-reported income and expense data in income-based valuation. Using statistical density models, machine learning, and distribution-based scoring, this approach generates continuous risk scores to support valuation quality control, audit targeting, and compliance review in mass appraisal.
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Location
Telus 101/102
Start Date
10-16-2026 2:45 PM
End Date
10-16-2026 3:45 PM
Moderator
Russ Thimgan, Thimgan & Associates
Statistical Risk Scoring for Self-Reported Income: Improving Income Approach Valuation
Telus 101/102
This session presents a data-driven framework to improve the reliability of self-reported income and expense data in income-based valuation. Using statistical density models, machine learning, and distribution-based scoring, this approach generates continuous risk scores to support valuation quality control, audit targeting, and compliance review in mass appraisal.