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A neural network based model for mass non-residential real estate price evaluation of Lisbon, Portugal

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Resumo(s)

An accurate estimation of the real estate value became very important to make correct purchase and sale transaction, calculate taxes, mortgages for loans. Mass appraisal systems that use modern methodology based on artificial intelligence significantly help to deal with these issues. Objectives of this article are: using artificial neural networks (AANs) build mass appraisal model to evaluate market price of non-residential real estate of Lisbon, Portugal; evaluate performance of AANs and compare it with results generated by other models based on different methodologies and prove AANs superiority in issues connected with real estate apprising.

Descrição

Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Information Analysis and Management

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Non-residential real estate apprising Neural networks Market value Real estate appraisal models

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