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Search For Dissimilarity Factors For Nominally Indiscernible Facilities

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  • Zyga Jacek

    (Faculty of Engineering and Architecture, Lublin University of Technology)

Abstract

The similarity between premises, statutorily defined as the comparability of the compiled objects, is, in practice, identified by the statement of identity or the proximity of evaluation of the selected features describing the complied objects. Independent of the nature of these features (qualitative or quantitative), as well as of the method of identifying the proximity of their prices, the quest process for similar premises ends in the compilation of these premises into a group, which continues to remain inconsistent to some extent. The inevitable heterogeneity of the prices of premises summarized in this way leads to the suspicion that other features which had not been taken into account during the current stages of analysis exist. The identification of these features can significantly improve the quality of the valuation process based on the selected premises.

Suggested Citation

  • Zyga Jacek, 2015. "Search For Dissimilarity Factors For Nominally Indiscernible Facilities," Real Estate Management and Valuation, Sciendo, vol. 23(3), pages 65-72, September.
    • Handle: RePEc:vrs:remava:v:23:y:2015:i:3:p:65-72:n:7
    DOI: 10.1515/remav-2015-0026
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