Real Estate Automated Valuation Model with Explainable Artificial Intelligence Based on Shapley Values

D Tchuente - The Journal of Real Estate Finance and Economics, 2024 - Springer
The literature on the use of machine learning (ML) models for the estimation of real estate
prices is increasing at a high rate. However, the black-box nature of the proposed models …

A conceptual bridge for the 'innovation-adoption gap'in the property profession

I Kasim, AR Amidu, D Levy - Journal of Property Research, 2024 - Taylor & Francis
Amid digital transformation, property valuation innovations (PVIs) can enhance professional
service firms'(PSFs) operations. Meanwhile, literature suggests that some PSFs and property …

The Impacts of Open Data and eXplainable AI on Real Estate Price Predictions in Smart Cities

F Trindade Neves, M Aparicio, M de Castro Neto - Applied Sciences, 2024 - mdpi.com
In the rapidly evolving landscape of urban development, where smart cities increasingly rely
on artificial intelligence (AI) solutions to address complex challenges, using AI to accurately …

[HTML][HTML] Machine Learning Valuation in Dual Market Dynamics: A Case Study of the Formal and Informal Real Estate Market in Dar es Salaam

F Nyanda, H Muyingo, M Wilhelmsson - Buildings, 2024 - mdpi.com
The housing market in Dar es Salaam, Tanzania, is expanding and with it a need for
increased market transparency to guide investors and other stakeholders. The objective of …

Combining machine learning and econometrics: Application to commercial real estate prices

M Francke, A van de Minne - Real Estate Economics, 2024 - Wiley Online Library
In this article, we combine a random effects model with different machine learning algorithms
via an iterative process when predicting commercial real estate asset values. Using both …

[PDF][PDF] Determining real estate features influence on prices with partial dependence plots: A case study in Szczecin, Poland

S Gnat - Real Estate Management and Valuation, 2024 - sciendo.com
Market prices and valuation represent the culmination of multifaceted interactions between
various economic, social, and environmental factors. Comprehension of these factors is …

Una revisión sistemática de la literatura sobre la precisión de modelos de aprendizaje automático aplicados a la tasación de bienes raíces

FE Garza, YM Ramírez, A Ramírez-Noriega… - Revista de Investigación …, 2024 - riti.es
El objetivo del presente documento es identificar los modelos de Aprendizaje Automático
(AA) más precisos para predecir el valor de una propiedad inmobiliaria, basándose en una …

Real Estate Valuation in the Age of Artificial Intelligence–Modern Machine Learning Algorithms and their Application in Property Appraisal

M Stang - 2023 - epub.uni-regensburg.de
The real estate valuation sector is a crucial component of the real estate industry, serving
various purposes and often mandated by regulations. The Global Financial Crisis (GFC) in …

Real estate valuation using machine learning

M Hernes, P Tutak, M Nadolny, A Mazurek - Procedia Computer Science, 2024 - Elsevier
Real estate valuation is a complex process conditioned by real estate's legal, economic, and
social environment. Difficulties faced by the real estate appraiser in the valuation process …

Determining the Influence of Real Estate Features on Prices with Partial Dependence Plots: A Case Study in Szczecin, Poland

S Gnat - Real Estate Management and Valuation, 2024 - search.proquest.com
The study explores the application of Partial Dependence Plots (PDP) in the analysis of real
estate features. The study centers on a selected real estate market in Szczecin, Poland …