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The Faculty of Economics and Social Development at LBTU has been accredited by the International Accreditation of Science Directions in Latvia for their highest level performance, receiving 4 points out of 4, which is the highest result in Latvia when compared to other universities. Moreover, LBTU has been awarded the status of the science university in 2021, making it one of the only four universities in Latvia to receive this status.
1. Introduction and Background Real estate appraisal presents various challenges that often hinder the accuracy of traditional statistical models. These models tend to oversimplify the complex and multifaceted nature of real estate data, leading to imprecise property valuations. By combining building inspections with fuzzy logic, this study enhanced valuation accuracy through the integration of human judgment with quantitative analysis.
This is an early access version, the complete PDF, HTML, and XML versions will be available soon. Open AccessArticle by , *, , and Faculty of Information Technologies, Latvia University of Life Sciences and Technologies, Liela Iela 2, LV-3001 Jelgava, Latvia * Author to whom correspondence should be addressed. Appl. Sci.
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