Statistical Analysis of Sales Data to Verify Private Appraisals
Statistical models of real estate price determination can be an important tool in managing the appraisal function. The accuracy of theese models depends crucially on the inclusion of all relevant information as well as on the correct specification of the price function. This paper proposes a hybrid model of the hedonic price relationship, combining information on single sales and multiple sales of properties. The paper also indicates the utility of such a model in the verification of appraisal data.
|Date of creation:||01 Jan 1989|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (510) 642-1922
Fax: (510) 642-5018
Web page: http://www.escholarship.org/repec/iber_bphup/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cdl:bphupl:qt1q86n9pn. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lisa Schiff)
If references are entirely missing, you can add them using this form.