... prediction models will have on professional evaluation practice (Cook, 2015). Many stakeholders are interested in the use of machine learning models in mass appraisal: among them, real estate companies, public authorities, banks and so on. The use of these new techniques requires the inclusion, within...

... which can only be absorbed in the long term. The formation of anomalous prices, the contraction in sales and the lengthening of the sale time have been the main consequences. The potential of use of mass appraisal techniques is testified by the numerous applications in the reference literature...

... records within a relatively homogeneous area. However, when valuing the unimproved capital value of developed and complex investment properties, the standardized hedonic methods are not appropriate. While some form of mass appraisal system is required for complex investment property to ensure...