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Research Articles

Development of Spatial Decision Support Systems for Residential Real Estate

Pages 135-156 | Published online: 17 Jun 2020
 

Abstract

Geographic Information Systems (GIS) can enhance the efficiency and effectiveness of decision making in the residential real estate industry. They can organize, manage, and analyze information in ways that were not possible with traditional information management systems. Although GIS are now used to perform specific business functions, their use can be magnified and extended through the creation of enterprise-wide spatial decision support systems (SDSS).

This article provides a conceptual framework for the development of enterprise-wide SDSS. The first part of the article discusses the nature of real estate decision making and investment analysis, paying special attention to residential real estate. It also reviews different approaches to SDSS development. The second part of the article discusses enterprise-wide information architecture planning and specifies a conceptual framework for SDSS development. It then discusses issues related to technology transfer and SDSS implementation.

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