Development of a methodology for property valuation using the retrospective method of correlation-regression dependence

The conducted research is based on information databases of real estate objects, where an important problem is that while there is a large amount of data, on the one hand, they are used for market research and mass valuation of real estate, but on the other hand, due to the lack of sufficient inform...

Full description

Bibliographic Details
Main Authors: Ilnur Failovitch Gareev, Timur Aleksandrovitch Akhmetgaliev
Format: Article
Language:English
Published: Publishing House ASV 2024-03-01
Series:Недвижимость: экономика, управление
Subjects:
Online Access:https://n-eu.iasv.ru/index.php/neu/article/view/178
_version_ 1827298322412470272
author Ilnur Failovitch Gareev
Timur Aleksandrovitch Akhmetgaliev
author_facet Ilnur Failovitch Gareev
Timur Aleksandrovitch Akhmetgaliev
author_sort Ilnur Failovitch Gareev
collection DOAJ
description The conducted research is based on information databases of real estate objects, where an important problem is that while there is a large amount of data, on the one hand, they are used for market research and mass valuation of real estate, but on the other hand, due to the lack of sufficient information or tools, do not allow to reflect the market situation fully. The paper shows the analysis of the use of data collection and processing of real estate data in different countries, research results and opportunities in the use and implementation of real estate data depending on the pricing factors. This paper considers economic and mathematical methods of evaluating the data set in the assessment of real estate objects, including the use of artificial intelligence. The reasonable confirmation of the hypothesis that the use of retrospective information of the most similar and comparable objects of analogues on price-forming factors for the assessed real estate object allows to determine the current market value using the retrospective method of correlation-regression dependence is carried out. The substantiation is given on the example of calculation of the market value of an arbitrarily selected real estate object. The conducted research partially displays the change in the value of the property object from the time factor based on the processing of the data set. As one of the price-forming factors are real indices of change in prices of real estate objects on the basis of several data sources. The conclusion summarizes the results of the study and the advantages of the method for the valuation of real estate objects, including the determination of cadastral value by the mass valuation method.
first_indexed 2024-04-24T15:12:11Z
format Article
id doaj.art-dec2481720a04ba288635b71163340d5
institution Directory Open Access Journal
issn 2073-8412
3034-1485
language English
last_indexed 2024-04-24T15:12:11Z
publishDate 2024-03-01
publisher Publishing House ASV
record_format Article
series Недвижимость: экономика, управление
spelling doaj.art-dec2481720a04ba288635b71163340d52024-04-02T10:38:08ZengPublishing House ASVНедвижимость: экономика, управление2073-84123034-14852024-03-01110.22337/2073-8412-2024-1-36-42Development of a methodology for property valuation using the retrospective method of correlation-regression dependenceIlnur Failovitch Gareev0Timur Aleksandrovitch Akhmetgaliev1Kazan State University of Architecture and Engineering (KSUAE)Kazan State University of Architecture and Engineering (KSUAE)The conducted research is based on information databases of real estate objects, where an important problem is that while there is a large amount of data, on the one hand, they are used for market research and mass valuation of real estate, but on the other hand, due to the lack of sufficient information or tools, do not allow to reflect the market situation fully. The paper shows the analysis of the use of data collection and processing of real estate data in different countries, research results and opportunities in the use and implementation of real estate data depending on the pricing factors. This paper considers economic and mathematical methods of evaluating the data set in the assessment of real estate objects, including the use of artificial intelligence. The reasonable confirmation of the hypothesis that the use of retrospective information of the most similar and comparable objects of analogues on price-forming factors for the assessed real estate object allows to determine the current market value using the retrospective method of correlation-regression dependence is carried out. The substantiation is given on the example of calculation of the market value of an arbitrarily selected real estate object. The conducted research partially displays the change in the value of the property object from the time factor based on the processing of the data set. As one of the price-forming factors are real indices of change in prices of real estate objects on the basis of several data sources. The conclusion summarizes the results of the study and the advantages of the method for the valuation of real estate objects, including the determination of cadastral value by the mass valuation method. https://n-eu.iasv.ru/index.php/neu/article/view/178real estate classificationinformation systemsdigital platformsopen datadata aggregatorscadastral valuation
spellingShingle Ilnur Failovitch Gareev
Timur Aleksandrovitch Akhmetgaliev
Development of a methodology for property valuation using the retrospective method of correlation-regression dependence
Недвижимость: экономика, управление
real estate classification
information systems
digital platforms
open data
data aggregators
cadastral valuation
title Development of a methodology for property valuation using the retrospective method of correlation-regression dependence
title_full Development of a methodology for property valuation using the retrospective method of correlation-regression dependence
title_fullStr Development of a methodology for property valuation using the retrospective method of correlation-regression dependence
title_full_unstemmed Development of a methodology for property valuation using the retrospective method of correlation-regression dependence
title_short Development of a methodology for property valuation using the retrospective method of correlation-regression dependence
title_sort development of a methodology for property valuation using the retrospective method of correlation regression dependence
topic real estate classification
information systems
digital platforms
open data
data aggregators
cadastral valuation
url https://n-eu.iasv.ru/index.php/neu/article/view/178
work_keys_str_mv AT ilnurfailovitchgareev developmentofamethodologyforpropertyvaluationusingtheretrospectivemethodofcorrelationregressiondependence
AT timuraleksandrovitchakhmetgaliev developmentofamethodologyforpropertyvaluationusingtheretrospectivemethodofcorrelationregressiondependence