A Mean-Variance Optimization Approach for Residential Real Estate Valuation
This paper introduces a new approach to the sales comparison model for the valuation of real estate that can objectively estimate the coefficients associated with the explanatory price variables. The coefficients of the price adjustment process are estimated from the formulation of a quadratic progr...
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| Format: | Article |
| Language: | English |
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Sciendo
2021-09-01
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| Series: | Real Estate Management and Valuation |
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| Online Access: | https://doi.org/10.2478/remav-2021-0018 |