The Distribution of Real Estate Value Changes: Measurement And Implications, Metropolitan Boston 1870-1970
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In our eReader you can find the full English version of the book. Read The Distribution of Real Estate Value Changes: Measurement And Implications, Metropolitan Boston 1870-1970 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Distribution of Real Estate Value Changes: Measurement And Implications, Metropolitan Boston 1870-1970
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To quickly assess the difficulty of the text, read a short excerpt:
After a sample of 50 transactions was drawn for a toim, that sample was taken to the Assessor's Office in the town, where the assessed valuation on each property was looked up for the year in which it was sold (or one year earlier or later if the assess- ment could not be found in the same year the property changed hands). Locating each piece of property at the assessor's office was often difficult, due to a number of factors which will be discussed below, but a goal was set of at least 30 comp...leted obser-- vations out of an original sample of 50. The assessed value of the land, of the build- ings, if any, and the total assessed value of the property were listed for each property which was found in the assessment records.
IVhen a sample was completed for a town, the ratio of assessed value to sale value was calculated for each transaction. The mean of the ratios was then calculated, as well as the median, the standard deviation from the mean, and the 95% confidence interval.
This mean ratio represented, to us, a fair approximation of the percentage of full market value at which the property in a town in a given year was assessed.
What to read after The Distribution of Real Estate Value Changes: Measurement And Implications, Metropolitan Boston 1870-1970?
You can find similar books in the "Read Also" column, or choose other free books by Edel, Matthew to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
After a sample of 50 transactions was drawn for a toim, that sample was taken to the Assessor's Office in the town, where the assessed valuation on each property was looked up for the year in which it was sold (or one year earlier or later if the assess- ment could not be found in the same year the property changed hands). Locating each piece of property at the assessor's office was often difficult, due to a number of factors which will be discussed below, but a goal was set of at least 30 comp...leted obser-- vations out of an original sample of 50. The assessed value of the land, of the build- ings, if any, and the total assessed value of the property were listed for each property which was found in the assessment records.
IVhen a sample was completed for a town, the ratio of assessed value to sale value was calculated for each transaction. The mean of the ratios was then calculated, as well as the median, the standard deviation from the mean, and the 95% confidence interval.
This mean ratio represented, to us, a fair approximation of the percentage of full market value at which the property in a town in a given year was assessed.
What to read after The Distribution of Real Estate Value Changes: Measurement And Implications, Metropolitan Boston 1870-1970?
You can find similar books in the "Read Also" column, or choose other free books by Edel, Matthew to read onlineMoreLess
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