Artificial Neural Networks and the Mass Appraisal of Real Estate

International journal of online engineering

Xiding Chen¹  Yicheng Ji²  Gang Zhou³ 

[1] Department of Accounting, Wenzhou Business College, Wenzhou, China.;Department of Finance, Wenzhou Business College, Wenzhou, China;Department of Public Finance, School of Economics, Xiamen University, Xiamen, China.

关键词: artificial neural networks;    back propagation neural network;    machine learning algorithms;    mass appraisal ofreal estate;    tax base valuation;   

DOI  :  

学科分类：社会科学、人文和艺术（综合）

来源: International Association of Online Engineering

【 摘 要 】

With the rapid development of computer, artificial intelligence and big data technology, artificial neural networks have become one of the most powerful machine learning algorithms. In the practice, most of the applications of artificial neural networks use back propagation neural network and its variation. Besides the back propagation neural network, various neural networks have been developing in order to improve the performance of standard models. Though neural networks are well known method in the research of real estate, there is enormous space for future research in order to enhance their function. Some scholars combine genetic algorithm, geospatial information, support vector machine model, particle swarm optimization with artificial neural networks to appraise the real estate, which is helpful for the existing appraisal technology. The mass appraisal of real estate in this paper includes the real estate valuation in the transaction and the tax base valuation in the real estate holding. In this study we focus on the theoretical development of artificial neural networks and mass appraisal of real estate, artificial neural networks model evolution and algorithm improvement, artificial neural networks practice and application, and review the existing literature about artificial neural networks and mass appraisal of real estate. Finally, we provide some suggestions for the mass appraisal of China's real estate.

【 授权许可】

Unknown