In recent times, the application of artificial intelligence (AI) techniques for real property valuation has been on the
increase. Some expert systems that leveraged on machine intelligence concepts include rule-based reasoning, case-based
reasoning and artificial neural networks. These approaches have proved reliable thus far and in certain cases outperformed
the use of statistical predictive models such as hedonic regression, logistic regression, and discriminant analysis. However,
individual artificial intelligence approaches have their inherent limitations. These limitations hamper the quality of
decision support they proffer when used alone for real property valuation. In this paper, we present a Neural-CBR system
for real property valuation, which is based on a hybrid architecture that combines Artificial Neural Networks and Case-
Based Reasoning techniques. An evaluation of the system was conducted and the experimental results revealed that the
system has higher satisfactory level of performance when compared with individual Artificial Neural Network and Case-
Based Reasoning systems
