Fannie Mae

Other

Alexei M Kisselev

Eric Rosenblatt

Megan C Berry

Felix G Meale

WenXiong Yao

Adam Davis

Hamilton Fout

John D Treadwell

Robert Mealey

Modeling appropriate comparable properties for a condo property includes accessing property data, and identifying candidate condo properties in the accessed property data to produce condo property data. A regression is performed using the property data, with the regression modeling the relationship between price and explanatory variables, and the explanatory variables including at least one variable that is specific to condo property assessment. The regression accommodates a modeling of comparable properties, such that a subject condo property and comparable properties may be identified and displayed.

Modeling comparable properties where the subject property is a condominium property

Ranking and displaying comparable properties entails receiving appraisal information comprising a subject property and appraiser-chosen comparable properties corresponding to the subject property. Property data corresponding to a geographical area is accessed, in support of determining model-chosen comparable properties based upon the appropriateness of each of the comparable properties as comparables for the subject property. A map image is displayed for the geographical area, along with indicators on the map image indicative of the subject property, at least one of the appraiser-chosen comparable properties, and at least one of the model-chosen comparable properties.

Ranking and displaying appraiser-chosen comparables against model-chosen comparables

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Burke, VA, United States of America

Alexei M Kisselev