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- Replacement Cost New Less Depreciation (RCNLD)
- Replacement Cost; Replacement Cost New (RCN)
- Representative Sample
- Residence
- Residential (nonfarm) Multifamily
- Residential (nonfarm) Single Family
- Residential Property
- Residual
- Residual Technique
- Residual Value
- Result Code
- Retrospective (“Retro”) Valuation
- Root Mean Square (RMS)
- RT20
Sources:
a) AVMetrics
b) AVMs 201: A Practical Guide to the Implementation of Automated Valuation Models, Jim Kirchmeyer, 2008.
c) IAAO 2015, Glossary for Property Appraisal and Assessment, 2015. (2013 online: https://www.iaao.org/media/Pubs/IAAO_GLOSSARY.pdf )
d) Collateral Assessment & Technologies Committee, Summary of Definitions & Terms, 2006.
e) Joint Industry Task Force on AVMs, IAAO Standard on AVM Glossary, September 2003. https://www.iaao.org/media/standards/AVM_STANDARD.pdf
f) Appraisal Institute, Joint Industry Task Force on Automated Valuation Models, Work Group Terminology, 2005.
g) Merriam-Webster (https://www.merriam-webster.com/)