The trouble is that the most widely used figures tend to understate the true volatility of property returns because they are based on valuers' estimates of property values, not actual transactions.
To combat this issue, experts advise hiring independent appraisers and aggressively challenging city estimates of property value.
Not only do public schools bulk large in the local property tax bill, but the inherent difficulty in measuring school quality has potentially undermined earlier attempts at achieving unbiased estimates of property tax capitalization.
Initial estimates of property damage in several cities on Florida's mid-eastern coast reached $5 million, though this was later drastically scaled down.
1. Extended elastic impedance (EEI) concept allowed us to characterize reservoir properties in the Nianga field through quantitative estimates of reservoir properties.
First, optimal estimates of bodily properties require combination of information from various sensory channels.
In addition, PTM provides estimates of surface properties, i.e., chromaticity, albedo and surface normals.
Combining estimates by this MLE rule yields the least variable estimate of and thus more precise estimates of object properties.
Field development studies require, among many other things, reliable estimates of fluid properties.
Tortuosity and cementation factor are two critical parameters that significantly affect estimates of reservoir properties.
