Scalable multimodal assessment of the micro-neighborhood using orthogonal visual inputs
Miroslav Despotovic,
Wolfgang A. Brunauer
Abstract:The features of the micro-location and in particular the micro-neighborhood that residents perceive on a daily basis have a considerable influence on the quality of living and also on housing prices. For automated valuation models (AVMs), the use of micro-neighborhood information would be beneficial, as incorporating additional spatial effects into the price estimate could potentially reduce the empirical error. However, measuring related features is difficult, as they must first be defined and then collected,… Show more
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