Mass Valuation Of Second-hand Properties' Tax Base: Theories And Empirical Study

With the development of our country's market economic system and the real estate market, real estate and related economic activities are more and more frequent. People's demand for real estate appraisal also increased. Mass valuation, not only valuates a large number of properties accurately in a shot period, but also achieves efficiency and fairness of the unity with the unified model and standards. There are many countries abroad have went the road of computer-assisted mass assessment, and achieved good results. Establishing the mass valuation system will not only provie an efficient method of assessment, but also the support of assessment of the property tax in our country.Firstly, this article overviews the study of mass valuation status quo at home and abroad, and gathers up the theory about concept, the method used and assessment step. Second, I focus of analysis to the core of mass valuation—automated valuation model (AVM). I expatiate detailedly on automated valuation model in six aspects: concept, using step, specification, calibration, testing and quality assurance, allege system. Apply and developped mass valuation to provide the foundation of theories and directly draw lessons for our country. At last, I take the second-hand properties at Chengxi block in Hangzhou, with the hedonic price model, studying the mass valuation of second-hand properties in this area. The result passed the series of valuation examination standard. Verify the mass valuation method in our country is applied and achieved good result.