Bid prices and market prices relation estimations by real estates for appraisal comparative method purposes
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26610%2F10%3APU86930" target="_blank" >RIV/00216305:26610/10:PU86930 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Bid prices and market prices relation estimations by real estates for appraisal comparative method purposes
Original language description
True market prices of real estates, unlike bid prices, are often hard to reach. Nevertheless these information are necessary for many direct and indirect real estate market subjects, especially for valuation purposes. Therefore the bid prices of concretereal estates are often used, but they are not generally equivalent market prices. And so it is necessary to find some way to convert bid prices to market prices. This paper shows definite approach to this issue. Market price and bid price rate is estimated by multi-dimensional linear regression model and non-linear estimations of simple regression. Multi-dimensional linear regression model estimates the values of this rate from other variables, like supply duration, price line according to localities and other. Non-linear estimations of regression function were used for trend modelling of the bid prices to market prices in dependence on number of the population in various localities.
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
—
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
III. International Interdisciplinary Technical Conference of Young Scientists - Proceedings
ISBN
978-83-926896-2-1
ISSN
—
e-ISSN
—
Number of pages
4
Pages from-to
—
Publisher name
Uczelniany samorzad doktorantów politekniki poznaňskiej
Place of publication
Poznaň
Event location
Poznan
Event date
May 19, 2010
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
—