Titlebook: Real Estate Valuation Theory; Ko Wang,Marvin L. Wolverton Book 2002 Kluwer Academic Publishers 2002 Investment.Real Estate.Real Estate Inv

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Do Market Perceptions Affect Market Prices? A Case Study of a Remediated Contaminated Siteulty in obtaining financing, or singly, a fear of the unknown. Post-remediation “stigma” equates to the difference in value between a remediated contaminated site and a comparable “clean” site with no history of contamination..

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An Investigation of Property Price Studies the overall result to be reasonably good. However, in two respects we found the results surprisingly poor, taking into account the emphasis that has been put on the topics in standard textbooks and earlier reviews.

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Error Trade-offs in Regression Appraisal Methodsl price predictions (.) and suggests disaggregating data to improve the precision of price estimates. A “l(fā)aw of medium numbers” applies, meaning that heterogeneous data may yield smallest standard errors when subsets of data are used for estimates rather than the whole population of sales.

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Behavioral Research into the Real Estate Valuation Process: Progress Toward a Descriptive Modeluation process is a normative model because it suggests how appraisers should proceed, step-by-step, when addressing a valuation problem. This model is a cookbook or recipe approach to valuation. However, expert appraisers, like master chefs, do not appear to follow a normative, systematic process or recipe.

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Hedonic Modeling in Real Estate Appraisal: The Case of Environmental Damages Assessments.. Over the years hedonic modeling has been applied to estimating the value of a wide range of economic and social amenities such as the value of nearby golf courses, properties with ocean views, and the impact of resort communities (.; .; .) and dis-amenities such as proximity to landfills and environmental pollution (.; .; .).

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978-1-4613-5299-0Kluwer Academic Publishers 2002

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