The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 31, 2000
Filed:
Jul. 17, 1998
Piero Patrone Bonissone, Schenectady, NY (US);
William Estel Cheetham, Clifton Park, NY (US);
General Electric Company, Schenectady, NY (US);
Abstract
A computer-implemented method for estimating a dollar per square foot value of a subject property. A set of properties comparable to the subject property are retrieved. The comparable properties are characterized by a plurality of common attributes each having a respective value. The plurality of common attributes include distance from the subject property, sale price, and living area. The distance of the comparable properties to the subject property are rated on a fuzzy preference scale indicating desirable and tolerable deviations from an ideal match with the subject property. Each evaluation generates a weighted preference. The sale price and the living area from each of the comparable properties are then aggregated with the weighted preference for that comparable into a dollar per square foot estimate of the subject property.