Time adjustments are an important part of the valuator’s toolbox. An accurately calculated time curve enables older sales to be brought into the analysis and also serve as a measure of quality after the proposed values are generated. This webinar will provide an overview of various techniques used in establishing time adjustments with the focus on mass appraisal techniques using multiple regression analysis. It will outline various methods of predicting time adjustments and their application for residential properties. The webinar will also look at the challenges valuators face when developing time adjustments for non-residential properties with a view into possible solutions.
Time adjustments are an important part of the valuator’s toolbox. An accurately calculated time curve enables older sales to be brought into the analysis and also serve as a measure of quality after the proposed values are generated. This webinar will provide an overview of various techniques used in establishing time adjustments with the focus on mass appraisal techniques using multiple regression analysis. It will outline various methods of predicting time adjustments and their application for residential properties. The webinar will also look at the challenges valuators face when developing time adjustments for non-residential properties with a view into possible solutions.