{"@type": "dcat:Dataset", "accessLevel": "public", "contactPoint": {"@type": "vcard:Contact", "fn": "Louis Weyand", "hasEmail": "mailto:Louis.Weyand@AlleghenyCounty.US"}, "description": "In  2017, the County Department of Economic Development, in conjunction with Reinvestment Fund, completed the 2016 Market Value Analysis (MVA) for Allegheny County.  A similar MVA was completed with the Pittsburgh Urban Redevelopment Authority in 2016. The Market Value Analysis (MVA) offers an approach for community revitalization; it recommends applying interventions not only to where there is a need for development but also in places where public investment can stimulate private market activity and capitalize on larger public investment activities. The MVA is a unique tool for characterizing markets because it creates an internally referenced index of a municipality\u2019s residential real estate market. It identifies areas that are the highest demand markets as well as areas of greatest distress, and the various markets types between. The MVA offers insight into the variation in market strength and weakness within and between traditional community boundaries because it uses Census block groups as the unit of analysis. Where market types abut each other on the map becomes instructive about the potential direction of market change, and ultimately, the appropriateness of types of investment or intervention strategies.\r\n\r\nThe 2016 Allegheny County MVA does not include the City of Pittsburgh, which was characterized at the same time in the fourth update of the City of Pittsburgh\u2019s MVA. All calculations herein therefore do not include the City of Pittsburgh.\r\nWhile the methodology between the City and County MVA's are very similar, the classification of communities will differ, and so the data between the two should not be used interchangeably. \r\n\r\nAllegheny County's MVA utilized data that helps to define the local real estate market. Most data used covers the 2013-2016 period, and data used in the analysis includes:\r\n\r\n\u2022Residential Real Estate Sales;\r\n\u2022 Mortgage Foreclosures;\r\n\u2022 Residential Vacancy;\r\n\u2022 Parcel Year Built;\r\n\u2022 Parcel Condition;\r\n\u2022 Owner Occupancy; and\r\n\u2022 Subsidized Housing Units.\r\n\r\nThe MVA uses a statistical technique known as cluster analysis, forming groups of areas (i.e., block groups) that are similar along the MVA descriptors, noted above. The goal is to form groups within which there is a similarity of characteristics within each group, but each group itself different from the others. Using this technique, the MVA condenses vast amounts of data for the universe of all properties to a manageable, meaningful typology of market types that can inform area-appropriate programs and decisions regarding the allocation of resources.\r\n\r\nDuring the research process, staff from the County and Reinvestment Fund spent an extensive amount of effort ensuring the data and analysis was accurate. In addition to testing the data, staff physically examined different areas to verify the data sets being used were appropriate indicators and the resulting MVA categories accurately reflect the market.\r\n\r\nPlease refer to the report (included here as a pdf) for more information about the data, methodology, and findings.", "distribution": [{"@type": "dcat:Distribution", "description": "In ESRI Shapefile Format", "downloadURL": "https://data.wprdc.org/dataset/9088f03b-8b4f-479e-bbea-38710e6a2c0a/resource/a9eb053a-f296-4943-a656-420df9d41b52/download/finalmodelwnonres.zip", "format": "ZIP", "mediaType": "application/zip", "title": "MVA Geographic Data 2016"}, {"@type": "dcat:Distribution", "downloadURL": "https://data.wprdc.org/dataset/9088f03b-8b4f-479e-bbea-38710e6a2c0a/resource/e2aef123-9082-40a7-b618-ad674b31a9f7/download/datadictionarymvacounty.csv", "format": "CSV", "mediaType": "text/csv", "title": "Data Dictionary 2016"}, {"@type": "dcat:Distribution", "downloadURL": "https://www.policymap.com/widget?sid=8815&wkey=AAG99XOR31IXJPUUKI3ANURJTMPB4SCF", "format": "HTML", "mediaType": "text/html", "title": "Interactive Map 2016"}, {"@type": "dcat:Distribution", "description": "Downloaded from http://www.alleghenycounty.us/WorkArea/linkit.aspx?LinkIdentifier=id&ItemID=6442465060", "downloadURL": "https://data.wprdc.org/dataset/9088f03b-8b4f-479e-bbea-38710e6a2c0a/resource/f7a3851b-904a-4ae9-985a-86cd266c906d/download/allegheny-county-market-value-analysis-mva.pdf", "format": "PDF", "mediaType": "application/pdf", "title": "Allegheny County Market Value Analysis Report 2016"}, {"@type": "dcat:Distribution", "description": "In ArcGIS LYR format", "downloadURL": "https://data.wprdc.org/dataset/9088f03b-8b4f-479e-bbea-38710e6a2c0a/resource/313b4a63-d292-4f45-939c-26b328ac6a74/download/finalmodelwnonres.lyr", "format": "lyr", "mediaType": "application/octet-stream", "title": "Layer Definitions 2016"}, {"@type": "dcat:Distribution", "downloadURL": "https://data.wprdc.org/dataset/9088f03b-8b4f-479e-bbea-38710e6a2c0a/resource/1949e396-83f2-4d36-845b-97826c39dc9f/download/mva2018.png", "format": "PNG", "mediaType": "image/png", "title": "Image of MVA Classifications 2016"}, {"@type": "dcat:Distribution", "description": "The style guide initially published for the Urban Redevelopment Authority MVA uses an identical color scheme for the County's MVA.", "downloadURL": "https://data.wprdc.org/dataset/9088f03b-8b4f-479e-bbea-38710e6a2c0a/resource/06d0076f-f5b2-41f1-b0a0-f5658079910e/download/mva2016styleguide.pdf", "format": "PDF", "mediaType": "application/pdf", "title": "MVA Style Guide 2016"}], "identifier": "9088f03b-8b4f-479e-bbea-38710e6a2c0a", "keyword": ["ACED", "MVA", "Market Value Analysis", "Reinvestment Fund", "TRF", "The Reinvestment Fund", "affordable housing", "block groups", "economic development", "foreclosures", "housing", "housing markets", "neighborhoods", "properties", "property", "reinvestment fund", "rental subsidy", "sales prices", "ura", "urban redevelopment", "vacancy"], "modified": "2021-12-15T20:31:49.856871", "publisher": {"@type": "org:Organization", "name": "Allegheny County"}, "theme": ["Housing & Properties"], "title": "Housing Market Value Analysis - Allegheny County Economic Development"}