News in 2024
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Enhancing Property Valuation with AI – online workshop
24 September 2024
FIG Commission 9 on Valuation and the Management of Real Estate
invite to this webinar. Get insights from Nicosia's Apartment Market
60-Minutes-Knowlege-Session Online
“To keep us warm” (Thomas Dimopoulus)
 |
On behalf of the Scientific & Organizing Board: Peter Ache,
Małgorzata Renigier-Biłozor, Artur Janowski, and Thomas
Dimopoulos, we are pleased to invite you for our |
Global Online 60-Minutes-Seminar No. 2 Enhancing Property Valuation with
AI Insights from Nicosia's Apartment Market
The Seminar is organized by FIG Commission 9, University of Warmia and
Mazury, Institute of Spatial Management and Geography, Institute of
Geodesy and Civil Engineering, and Neapolis University in Pafos.
The seminar is scheduled for 24 September 2024 at 14:30 CET.
The event will feature a keynote presentation by Thomas Dimopoulos, a
board member of IVSC, founder of AXIA Chartered Surveyors and Head of
Real Estate Programmes at Neapolis University. Key topics to be covered
include various aspects of using AI and mathematical models for property
valuation, focusing on apartments in Nicosia. Key topics include:
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Studied Database: Analysis of 3561 sales data
of apartments/offices in Nicosia, including variables like urban
planning data and adjusted prices.
-
Artificial Intelligence Algorithms: The use
of AI in mass appraisal research, including ethical considerations
and potential applications in various fields.
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Mathematical Models: Discussion of different
regression models (univariate, multivariate, higher-order) and their
accuracy in predicting property values.
-
Outliers: Identification and handling of
outliers in the dataset.
-
Artificial Neural Networks: A comparison of
traditional regression methods with neural networks, focusing on the
accuracy and reliability of predictions.
Discussion: Examination of the
implications of using AI and mathematical models in real estate
valuation, addressing concerns about replacing human judgment with
machine intelligence.
Register
here
After registration you will get the link a few days before the seminar
starts.
With best Regards:
- Peter Ache, Chair of the FIG Commission 9
“Valuation and the Management of Real Estate” (Contact:
peter.ache.fig@achemail.de)
-
Dr hab. inż. Małgorzata
Renigier-Biłozor, University Professor
-
Dr hab. inż. Artur Janowski,
University Professor
-
Dr. Thomas Dimopoulos,
University Professor
Peter Ache
September 2024
