A METHOD FOR ASSESSING INvESTMENT ATTRACTIvENESS OF URBAN PLANNING PROJECTS
To ensure reliability of making decisions concerning investments into urban planning projects, it is useful to have a model of the urban real property value, e.g. apartment value. This article proposes an algorithm for estimating the value of an urban real estate object using Pareto ranking and a me...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | Russian |
Published: |
Government of the Russian Federation, Financial University
2017-10-01
|
Series: | Финансы: теория и практика |
Subjects: | |
Online Access: | https://financetp.fa.ru/jour/article/view/40 |
Summary: | To ensure reliability of making decisions concerning investments into urban planning projects, it is useful to have a model of the urban real property value, e.g. apartment value. This article proposes an algorithm for estimating the value of an urban real estate object using Pareto ranking and a method of mutual concessions. The article begins with a brief description of the Pareto ranking method. Then parameters to be taken into account in the apartment value model are defined. After that the task solution algorithm is described. The algorithm is implemented in the FORTRAN-90 language. The software developed is used for solving the task of estimating the value of Moscow apartments. The urban apartment valuation is made using information on similar objects. The software outputs an interval estimate of the apartment value. |
---|---|
ISSN: | 2587-5671 2587-7089 |