Start Date
5-4-2018 10:30 AM
End Date
5-4-2018 11:15 AM
Description
Government offices that exist to conduct periodic valuations related to property taxes manage vast databases that contain characteristic and transactional data for all properties under their purview. This presentation explores some of the ways that the Valuer, using a modern valuation platform, can effectively leverage big data in fulfilling the mission of the valuation offices and can support the property data needs of other stakeholders both in and out of government. Specific emphases will include visualization using GIS, calibration of valuation models, and equity analysis.
Publication Date
April 2018
Recommended Citation
Lambright, Wayne, "Big data: An intersecting role for the valuer in the 21st Century" (2018). International Research Symposium. 6.
https://researchexchange.iaao.org/irs/irs18/sessions/6
Big data: An intersecting role for the valuer in the 21st Century
Government offices that exist to conduct periodic valuations related to property taxes manage vast databases that contain characteristic and transactional data for all properties under their purview. This presentation explores some of the ways that the Valuer, using a modern valuation platform, can effectively leverage big data in fulfilling the mission of the valuation offices and can support the property data needs of other stakeholders both in and out of government. Specific emphases will include visualization using GIS, calibration of valuation models, and equity analysis.