The Use of Geographic Information Systems in Real Estate Appraisal Essa

The Use of Geographic Information Systems in documentary Estate Appraisal AbstractAppraisers need to delegate the reasoning pot their value opinions by discussing important spatial relationships and their likely effect on value. Geographic information systems (GIS) whoremaster be use to analyze these relationships and to show why a client should select an appraiser who has this level of information. sarin fortress has noted that concrete estate is essentially a secret plan of information arbitrage. The likely winner of the game is the person that takes advantage of computerized analyses. Castle explains that GIS is an attention-getting way of showing what you know.(n1) Of course, larger data sets are used for GIS analysis, not just the minimum three comps. The visual aids that GIS can generate could also be very useful in litigation, to stand by explain complex issues to a jury that is relatively unfamiliar with real estate valuation. Clear communication of complex technical issues is the basis of forensic consulting, an emerging field that is expected to grow more rapidly in the future. The need for forensic consulting has been created by rapid changes in technology. The Arden-Guthrie Problem Arden-Guthrie is a neighborhood in San Bernardino, California. A number of double-dealing transactions in that neighborhood inflated the ostensible value of local quadruple properties. The enquiry is, How could a reviewer have used GIS to find the problems caused by the fraudulent sales? Many of the properties in question are located indoors the close off group outlined in red in formula 1. Other problem properties are located in a block group just south of the outlined domain of a function. The larger red res publica at the top of the map is part of a color-coding system that shows median value rents by census block groups. As we can see, renters in this area one-half mile to the north were paying from $913 to $1,001 per month at the cadence of the 1990 c ensus. This represents the highest rent category for San Bernardino County. Rental data from the 2000 census will be available soon. A reviewer could print out such a map and use it to check quickly for inconsistencies. One obvious discrepancy would be an appraisal that concludes that rents in the highest bracket are indicated for a station that is located in a low-rent area. Census data is relatively inexpensive. info for the entire country was ava... ...5. Frank F. DeGiovanni in Gentrification, break and Neighborhood Revitalization, SUNY serial on urban public policy, Albany call forth University of New York Press, c19846. Emily DeNitto, A Neighborhood Grows in Brooklyn, Crains New York Business, January 1, 20017. Margaret E. Dewar, Why State and topical anesthetic frugal Development Programs Cause so Little Development, in economic Development Quarterly, Vol. 12 No. 1, Sage Publication, February 19988. Slobodan Djajic in Slobodan Djajic, International Mi gration Trends, Policies and Economic Impact, Routledge, London, New York 20019. Greg Donaldson, The Ville cops and kids in urban America, New York Ticknor & Fields, 199310. Economist, A modest contribution, accompany Migration, October 2002BibliographyEconomist, A modest contribution, Survey Migration, October 2002Eliot Asinof, People vs. Blutcher,, Viking Press Inc. New York, 1970Emily DeNitto, A Neighborhood Grows in Brooklyn, Crains New York Business, January 1, 2001Frank F. DeGiovanni in Gentrification, Displacement and Neighborhood Revitalization, SUNY series on urban public policy, Albany State University of New York Press, c1984