Estate valuation is the art, practice and science for the determination of the value of the entire property description and the interest therein. Estate valuers quest for a better method that will bring effectiveness, accuracy and efficiency in their practice. The need to optimize valuation process and method has become a timely contemporary demand. The research was designed to develop architectural model for estate valuation. The study was poised to; identify the traditional method of estate valuation, design a template for estate valuation, implement the estate valuation template, test and deploy the estate valuation template. The study adopted the waterfall model. It breaks down the project activity into linear sequential phases where each phase depended on the deliverable of the existing one and the next one to a specialization of events. The study achieved its aim; architectural model for estate valuation system (AMVS). The AMVS was implemented on the PHP programming platform with MYSQL as database. The system was tested and deployed. The system validity and originality was measured by comparing its outputs with the direct results of a professional valuer over the same estate property and disparity in results was negliablly minimal. The system is recommended for use by users with basic knowledge of computer operation and doing so with recommended data categories as indicated in the documentation as related to the estate valuation practice, alongside the use of recommended standard hardware and software specifications should be closely adhered to.
| Published in |
Science Journal of Circuits, Systems and Signal Processing (Volume 10, Issue 1)
This article belongs to the Special Issue Circuits, Systems, and Signal Processing |
| DOI | 10.11648/j.cssp.20211001.11 |
| Page(s) | 1-9 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Development, Architecture, Model, Estate, Valuation, Property
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APA Style
Ochonogor Donpaul, Constance Izuchukwu Amannah. (2021). Development of Architectural Model for Estate Valuation System. Science Journal of Circuits, Systems and Signal Processing, 10(1), 1-9. https://doi.org/10.11648/j.cssp.20211001.11
ACS Style
Ochonogor Donpaul; Constance Izuchukwu Amannah. Development of Architectural Model for Estate Valuation System. Sci. J. Circuits Syst. Signal Process. 2021, 10(1), 1-9. doi: 10.11648/j.cssp.20211001.11
AMA Style
Ochonogor Donpaul, Constance Izuchukwu Amannah. Development of Architectural Model for Estate Valuation System. Sci J Circuits Syst Signal Process. 2021;10(1):1-9. doi: 10.11648/j.cssp.20211001.11
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Download@article{10.11648/j.cssp.20211001.11,
author = {Ochonogor Donpaul and Constance Izuchukwu Amannah},
title = {Development of Architectural Model for Estate Valuation System},
journal = {Science Journal of Circuits, Systems and Signal Processing},
volume = {10},
number = {1},
pages = {1-9},
doi = {10.11648/j.cssp.20211001.11},
url = {https://doi.org/10.11648/j.cssp.20211001.11},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.cssp.20211001.11},
abstract = {Estate valuation is the art, practice and science for the determination of the value of the entire property description and the interest therein. Estate valuers quest for a better method that will bring effectiveness, accuracy and efficiency in their practice. The need to optimize valuation process and method has become a timely contemporary demand. The research was designed to develop architectural model for estate valuation. The study was poised to; identify the traditional method of estate valuation, design a template for estate valuation, implement the estate valuation template, test and deploy the estate valuation template. The study adopted the waterfall model. It breaks down the project activity into linear sequential phases where each phase depended on the deliverable of the existing one and the next one to a specialization of events. The study achieved its aim; architectural model for estate valuation system (AMVS). The AMVS was implemented on the PHP programming platform with MYSQL as database. The system was tested and deployed. The system validity and originality was measured by comparing its outputs with the direct results of a professional valuer over the same estate property and disparity in results was negliablly minimal. The system is recommended for use by users with basic knowledge of computer operation and doing so with recommended data categories as indicated in the documentation as related to the estate valuation practice, alongside the use of recommended standard hardware and software specifications should be closely adhered to.},
year = {2021}
}
TY - JOUR T1 - Development of Architectural Model for Estate Valuation System AU - Ochonogor Donpaul AU - Constance Izuchukwu Amannah Y1 - 2021/01/22 PY - 2021 N1 - https://doi.org/10.11648/j.cssp.20211001.11 DO - 10.11648/j.cssp.20211001.11 T2 - Science Journal of Circuits, Systems and Signal Processing JF - Science Journal of Circuits, Systems and Signal Processing JO - Science Journal of Circuits, Systems and Signal Processing SP - 1 EP - 9 PB - Science Publishing Group SN - 2326-9073 UR - https://doi.org/10.11648/j.cssp.20211001.11 AB - Estate valuation is the art, practice and science for the determination of the value of the entire property description and the interest therein. Estate valuers quest for a better method that will bring effectiveness, accuracy and efficiency in their practice. The need to optimize valuation process and method has become a timely contemporary demand. The research was designed to develop architectural model for estate valuation. The study was poised to; identify the traditional method of estate valuation, design a template for estate valuation, implement the estate valuation template, test and deploy the estate valuation template. The study adopted the waterfall model. It breaks down the project activity into linear sequential phases where each phase depended on the deliverable of the existing one and the next one to a specialization of events. The study achieved its aim; architectural model for estate valuation system (AMVS). The AMVS was implemented on the PHP programming platform with MYSQL as database. The system was tested and deployed. The system validity and originality was measured by comparing its outputs with the direct results of a professional valuer over the same estate property and disparity in results was negliablly minimal. The system is recommended for use by users with basic knowledge of computer operation and doing so with recommended data categories as indicated in the documentation as related to the estate valuation practice, alongside the use of recommended standard hardware and software specifications should be closely adhered to. VL - 10 IS - 1 ER -
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