A geographic information system or GIS allows us to view, understand, question, interpret and visualize real estate data in ways that reveal relationships, patterns and trends in the form of maps or charts. GIS helps to answer questions about real estate and solve problems by looking at data in a way that is quickly understood and conveyed to others. Using the power of GIS we have studied:
the relationship between the value of a home and its proximity to a superfund site,
are there available retail sites in an area,
where are the wetlands on a development tract located and how much wetland is there.
Urban Economics is the only real estate consulting firm with a fully integrated geographic information system. The power of our use of this anlytical tool has reaped significant benefits for our clients. Our use of this tool has helped our clients with allocating uplands from wetlands on development tracts, determing proximity of homes to a noxious use, identifying sales patterns, and to determine market potential for retailers.
One of the most exciting aspects of the urban Economics GIS system is the ability to convey real estate information in a way that is meaningful and dramatic.
Michael A. McElveen, MAI
President - Urban Economics, Inc.
810 South Sterling Ave., Tampa, Florida, 33609-4516
Office: 813-289-8844 • Fax: 813-289-8041 mcelveen@urbaneconomics.com | www.urbaneconomics.com
