Using Genetic Algorithms for Real Estate Appraisals
نویسندگان
چکیده
The main aim of this paper is the interpretation of the existing relationship between real estate rental prices and geographical location of housing units in a central urban area of Naples (Santa Lucia and Riviera of Chiaia neighborhoods). Genetic algorithms (GA) are used for this purpose. Also, to verify the reliability of genetic algorithms for real estate appraisals and, at the same time, to show the forecasting potentialities of these techniques in the analysis of housing markets, a multiple regression analysis (MRA) was applied comparing results of GA and MRA.
منابع مشابه
Concept of a Multi-Agent System for Assisting in Real Estate Appraisals
The general architecture of a multi-agent system for real estate appraisal (MAREA) is presented in the paper. The appraisal data warehouse is filled with data drawn from source cadastral databases. Data driven appraisal models are created using different machine learning algorithms. Architecture of the MAREA system in the JADE platform was also proposed. Several experiments aimed to assess the ...
متن کاملValuation of Properties and Economic Models of Real Estate Markets
Appraisals should assess the market value of properties and are necessary for buying, selling or building decisions, for lending and for taxation. Despite this unambiguous task different techniques exist for ascertaining market values. An valuation approach should be in accordance with economic theory and should generate appraisals, which are reliable estimates for transaction prices. This diss...
متن کاملEvolutionary Optimization of TSK Fuzzy Model to Assist with Real Estate Appraisals
A Takagi-Sugeno-Kang-type fuzzy model to assist with real estate appraisals was developed and optimized using evolutionary algorithms Three approaches were compared in the paper. The first one consisted in learning the rule base, the second one in tuning the membership functions having the rule base optimized and the third one in combining both methods in one process. Six fuzzy models comprisin...
متن کاملA Multi-Agent System to Assist with Property Valuation Using Heterogeneous Ensembles of Fuzzy Models
The multi-agent system for real estate appraisals MAREA was extended to include aggregating agents, which are equipped with heuristic optimization algorithms and can create heterogeneous ensemble models, was presented in the paper. The major part of the study was devoted to investigate the predictive accuracy of heterogeneous ensembles comprising fuzzy models and to compare them with homogenous...
متن کاملInvestigation of evolutionary optimization methods of TSK fuzzy model for real estate appraisal
—Takagi-Sugeno-Kang fuzzy model to assist with real estate appraisals is described and optimized using evolutionary algorithms. Two approaches were compared in the paper. The first one consisted in learning the rule base and the second one in combining learning the rule base and tuning the membership functions in one process. Moreover two model variants with three and five triangular and trapez...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2017