The objective of this discussion is to present an approach to the valuation using a simple parametric model. An extension to simple linear theory is presented, and a numerical example demonstrates the use of the theory in the valuation of a single family residential property located on the banks of a river.
Statistics, Assessment reviews and appeals
Thompson, E. J. (2006). An approach to the adjudication of property assessment appeals using a simplified system of linear algebraic equations. Journal of Property Tax Assessment & Administration, 3(2), 61-67. Retrieved from https://researchexchange.iaao.org/jptaa/vol3/iss2/5