This thesis examines the use of computer technology in the direct comparison method of valuation within the context of mass appraisal for rating and taxing purposes. Computer database, spreadsheet and statistical packages were utilised in the analysis of seven hundred and fifty residential land sales from two areas of Western Sydney. The prime objective of the research was to provide valuers with a personal computer based system that could be applied to direct comparison valuation. Two main approaches were taken in the analysis of sales and prediction of values. The first comprised stepwise multiple regression analysis. The second comprised the adjustment grid (or matrix) approach (which is based on paired sales techniques assisted by spreadsheet technology). The study has been limited to the analysis and prediction of values for residential land. Valuers who carry out mass appraisals may also be required to value industrial, commercial, and retail lands. Therefore, there is a need for further research relating to the applicability of the computerised techniques discussed in this thesis. / Master of Commerce (Hons.)
| Identifer | oai:union.ndltd.org:ADTP/189023 |
| Date | January 1993 |
| Creators | Fibbens, Michael, University of Western Sydney, Faculty of Management, School of Land Economy |
| Source Sets | Australiasian Digital Theses Program |
| Language | English |
| Detected Language | English |
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