Architecture for a real estate analysis information system using GIS techniques integrated with fuzzy theory

Pagourtzi, E; Nikolopoulos, K; Assimakopoulos, V

dc.contributor.author	Pagourtzi, E	en
dc.contributor.author	Nikolopoulos, K	en
dc.contributor.author	Assimakopoulos, V	en
dc.date.accessioned	2014-03-01T01:23:37Z
dc.date.available	2014-03-01T01:23:37Z
dc.date.issued	2006	en
dc.identifier.issn	1463578X	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/17055
dc.subject	Assets valuation	en
dc.subject	Fuzzy logic	en
dc.subject	Geographic information systems	en
dc.subject	Real estate	en
dc.subject	Urban areas	en
dc.title	Architecture for a real estate analysis information system using GIS techniques integrated with fuzzy theory	en
heal.type	journalArticle	en
heal.identifier.primary	10.1108/14635780610642971	en
heal.identifier.secondary	http://dx.doi.org/10.1108/14635780610642971	en
heal.publicationDate	2006	en
heal.abstract	Purpose - Proposes a new real estate valuation methodology and presents the architecture for a decision support system for real estate analysis based on Geographic Information Systems (GIS) techniques integrated with fuzzy theory and spatial analysis. Design/methodology/approach - The proposed information system architecture/problem-solving methodology uses GIS technology integrated with two approaches: fuzzy logic and spatial analysis. The steps required in the proposed methodology are: database design and implementation; criteria and rules; system design; and implementation. The components/modules included in the proposed methodology are: requirement and definition analysis; data production; topology; integrated database; visualization; variables; quantification; valuation; and implementation. Findings - The applicability of the system is evaluated via a case study in estimation of house sale prices. The proposed system/methodology was used in order to valuate property values in one municipality of Attica in Greece. The estimation, market analysis, forecasting and management of property values are of great importance and a prerequisite for real estate development. Originality/value - The proposed methodology is innovative, easy to implement and has a vast theoretical background. Following the methodology/architecture, a prototype information system is presented in order to move from theory to practice. The value of the paper is the combination of new technology assessments and GIS tools, integrated with fuzzy theory and spatial analysis. © Emerald Group Publishing Limited.	en
heal.journalName	Journal of Property Investment and Finance	en
dc.identifier.doi	10.1108/14635780610642971	en
dc.identifier.volume	24	en
dc.identifier.issue	1	en
dc.identifier.spage	68	en
dc.identifier.epage	78	en