Description
The MVA utilizes local data sources to create a model that assesses residential market value on a block by block basis. Reinvestment Fund , a community development financial institution in Philadelphia, developed the MVA methodology to guide their community development investment. Reinvestment Fund has done MVAs in multiple peer cities, which use the resulting tool to target programs and interventions for maximum impact. More information about the MVA approach is available at:https://www.reinvestment.com/policy-solutions/market-value-analysis/
Field definitions and sources are attached as an Excel spreadsheet.
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- mva, market value analysis, market, market value, real estate, property, cluster model
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- City Manager's Office, City of Kansas City, MO
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