Factors Influencing the Property Valuation Accuracy: A Systematic Literature Review

Abstract

Within the context of property valuation practice, the accuracy is intensively concern around the globe. The paper examines fifteen scholarly articles published contemporary to attain the objective of the study. Especially the articles, observed related to both developing and developed market therefore, it is accepted that the study refers the entire global context. This research attempts to evaluate the factors influencing the property valuation accuracy. The study specifically follows thematic analysis to identify, analyse and interpret the patterns of shared meanings within existing literature. Findings reveal that three major
factors with its sub variables, influencing the Valuation Accuracy including Expertise of the Valuer, Behavioural factors of the Valuer and External factors and further divided by its own sub variables.