FUNDAMENTALS AND COMPARISONS OF NATIONAL AND INTERNATIONAL REAL ESTATE VALUATION IN THE ERA OF ARTIFICIAL INTELLIGENCE – MODERN MACHINE LEARNING ALGORITHMS AND THEIR APPLICATION

Currently, evaluation activities in the Republic of Uzbekistan are gaining increasing relevance. The main category of valuation activity is cost, a cumulative indicator of the expediency, usefulness and significance of various results of any activity in the field of market relations. On March 5, 2025, President of Uzbekistan Shavkat Mirziyoyev signed a decree on the introduction of a mass valuation system for real estate.The document is aimed at determining the value close to the market price and creating favorable conditions for increasing the economic assets of the population and entrepreneurs. This should make it possible to establish as an economic asset the value of more than 8 million residential and non-residential premises, as well as about 7 million land plots. In addition, it is planned to ensure a balanced value of real estate for taxation, purchase and sale, collateral and other cases.