Development of an Innovative Land Valuation Model (iLVM) for Mass Appraisal Application in Sub-Urban Areas Using AHP: An Integration of Theoretical and Practical Approaches

Development of an Innovative Land Valuation Model (iLVM) for Mass Appraisal Application in Sub-Urban Areas Using AHP: An Integration of Theoretical and Practical Approaches

Land development in sub-urban areas is more frequent than in highly urbanized cities, causing land prices to increase abruptly and making it harder for valuers to update land values in timely manner. Apart from this, the non-availability of sufficient reliable market values forces valuers to use alt...

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Bibliographic Details
Main Authors: Jannet C. Bencure, Nitin K. Tripathi, Hiroyuki Miyazaki, Sarawut Ninsawat, Sohee Minsun Kim
Format: Article
Language:English
Published: MDPI AG 2019-07-01
Series:Sustainability
Subjects:
land valuation
mass appraisal
real estate
analytic hierarchy process (AHP)
multiple regression analysis (MRA)
geographic information system (GIS)
Online Access:https://www.mdpi.com/2071-1050/11/13/3731

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https://www.mdpi.com/2071-1050/11/13/3731

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