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Local Economic Analysis for Shopping Center Appraisals

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  • Joseph S. RABIANSKI

Abstract

Local economic area analysis is a study of the demand and supply factors that can affect the value of a subject property located within the boundaries of a local economic area. A local economic analysis performed for a shopping center appraisal should obtain information on the economic variables that either directly or indirectly affect the value and marketability of a subject property. This article discusses the major economic and demographic variables important in analyzing a local economic area, the nature of local economic analysis, and the sources of data for economic and demographic variables.

Suggested Citation

  • Joseph S. RABIANSKI, 2010. "Local Economic Analysis for Shopping Center Appraisals," The Valuation Journal, The National Association of Authorized Romanian Valuers, vol. 5(1), pages 86-109.
    • Handle: RePEc:vaj:journl:v:5:y:2010:i:1:p:86-109
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    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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