This research investigates the precision of mass real estate valuation models, particularly focusing on the methodology of mathematical value modeling. The discussed challenges are particularly relevant to nations employing an ad-valorem taxation system. The Republic of Moldova's mass appraisal system for real estate serves as an illustrative case. Through a comparative analysis of the performance metrics between existing models and those refined based on the proposed recommendations, the study illustrates the improved efficiency of the advocated methodology.
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Alexandru Paladi (2024) studied this question.
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