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Analysis of the Impact of the Type of Sampling of Representative Properties on the Results of Mass Appraisal

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  • Gnat Sebastian

    (University of Szczecin, Faculty of Economics, Finance and Management, Department Econometrics and Statistics, 64 Mickiewicza Street, 71-101Szczecin, Poland)

Abstract

Research background: Mass valuation is a process in which many properties are valued simultaneously with a uniform approach. An example of a procedure used for mass real estate valuation is the Szczecin Algorithm of Real Estate Mass Appraisal (SAREMA), which can be developed into a multiple regression model. The algorithm is based on a set of drawn representative properties. This set determines, inter alia, the quality of obtained valuations.

Suggested Citation

  • Gnat Sebastian, 2020. "Analysis of the Impact of the Type of Sampling of Representative Properties on the Results of Mass Appraisal," Folia Oeconomica Stetinensia, Sciendo, vol. 20(2), pages 152-167, December.
    • Handle: RePEc:vrs:foeste:v:20:y:2020:i:2:p:152-167:n:17
    DOI: 10.2478/foli-2020-0041
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    More about this item

    Keywords

    property mass valuation; property market analysis; sampling methods;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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