Property Investment 101 :4

Property valuation is an issue which can be argue in different levels.
For an example : different company will certainly value a property differently which will result to a different value. Thus, it will create a lot of internal and external conflicts between private valuers, government valuers and not to forget the owner of the property.
One of the most common conflict between valuers is when land acquisition comes into picture. The owner ( whose land is effected from the land acquition) will definitely hire a valuer to value his/her land with a higer value while the government valuer will value the land in a much more lower value. And of course this will lead to high court and so on.

My concern is... is there any way we can determined the price or value of a property in a more systematic way which will give a more consistant value between valuers?
Maybe by using AI (artificial intelligent) that is the artificial neural network (ANN) rather than using the traditional method which is the multiple reggession analysis (MRA)?

Please comment. Thank you.

vasquale,
a student who is eager
to learn more about real estate.

All your comment and advice will be a stepping stone for me in my research.[/i]