Journal of Property Valuation and Investment: Volume 15 Issue 1

High‐tech valuation: should artificial neural networks bypass the human valuer?

Margarita M. Lenk, Elaine M. Worzala, Ana Silva

Compares the predictive performance of artificial neural networks to hedonic pricing models, a more traditional valuation tool. The results document similar predictive performance…

Perceptions of risk in the valuation of contaminated land

Paul Syms

UK government policy regarding the clean‐up of contaminated land favours treatments which are appropriate to the actual or proposed use of the land. This suitable‐for‐use approach…

Estimating the influence of transport on house prices: evidence from Hong Kong

H.M. So, R.Y.C. Tse, S. Ganesan

Attempts to analyse the importance of transportation in determining house prices in Hong Kong. Residential property is sold as a package of inherent attributes that are valued by…

Empirical study of the relationship between residential lot price, size and view

Marvin L. Wolverton

Real estate researchers have suggested that the law of diminishing marginal utility applies not only to consumption of property but to the characteristics of the properties…

The Australian Institute of Valuers and Land Economists discounted cash flow practice standard

Spike Boydell, Stuart Gronow

The Australian Institute of Valuers and Land Economists Incorporated introduced a mandatory discounted cash flow practice standard on 1 September 1996. Reviews the new standard…