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Analysis of the Impact of the Type of Sampling of Representative Properties on the Results of Mass Appraisal

Gnat Sebastian ()
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Gnat Sebastian: University of Szczecin, Faculty of Economics, Finance and Management, Department Econometrics and Statistics, 64 Mickiewicza Street, 71-101Szczecin, Poland

Folia Oeconomica Stetinensia, 2020, vol. 20, issue 2, 152-167

Abstract: Research background: Mass valuation is a process in which many properties are valued simultaneously with a uniform approach. An example of a procedure used for mass real estate valuation is the Szczecin Algorithm of Real Estate Mass Appraisal (SAREMA), which can be developed into a multiple regression model. The algorithm is based on a set of drawn representative properties. This set determines, inter alia, the quality of obtained valuations.

Keywords: property mass valuation; property market analysis; sampling methods (search for similar items in EconPapers)
JEL-codes: C10 R30 (search for similar items in EconPapers)
Date: 2020
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DOI: 10.2478/foli-2020-0041

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