Observatorio de I+D+i UPM

Memorias de investigación
Ponencias en congresos:
PRICE FORMATION AND REAL ESTATE CHARACTERISTICS RESIDENCIAL REAL ESTATE, LISBON - PORTUGAL
Año:2012
Áreas de investigación
  • Personal técnico,
  • Arquitectos,
  • Edificaciones,
  • Actividad arquitectónica
Datos
Descripción
The discretionality and the appraisers? subjectivity that characterize traditional real estate valuation are still allowed to take part in the formation of the asset price even when respecting international standards (EVS, IVS) or Appraisal Institution¿s regulations (TEGOVA, RICS, etc.). The application of Econometric Methods to Real Estate valuation by the use of statistic procedures aims at the elimination of subjectivity on the appraisal process. On this study, Hedonic Models (Econometric Methods applied to Real Estate Appraisal) are used to determine the most important characteristics that define the multifamily residential Real Estate selling price and therefore to make estimations on real estate selling price (knowing the asset characteristics). Two different Statistical Techniques were used in order to compare the results: Multiple Lineal Regression; and Factorial Analysis. These techniques were applied to a sample of 82 flats for sale located in Lisbon, Portugal. From the 15 studied characteristics, we conclude that the ones that determine/influence the most the asset price are: Area (m2); Nr. of Bathrooms; Privileged View; Nr. of Parking places. Using these 4 variables the asset?s price estimation model obtained explains 80, 9% of the Real Estate selling Price.
Internacional
Si
Nombre congreso
XXXVIII IAHS World Congress 2012
Tipo de participación
960
Lugar del congreso
Istanbul, Turquia
Revisores
Si
ISBN o ISSN
978-975-561-417-5
DOI
Fecha inicio congreso
16/04/2012
Fecha fin congreso
19/04/2012
Desde la página
1214
Hasta la página
1219
Título de las actas
Proceedings of the XXXVIII IAHS World Congress Visions for the Future of Housing Mega Cities
Esta actividad pertenece a memorias de investigación
Participantes
  • Autor: Antonio Jorge Ferreira Vaz (UPM)
  • Autor: Federico Garcia Erviti (UPM)
  • Autor: Juan Francisco Padial Molina (UPM)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Grupo de Investigación: Regulación y análisis económico del proceso edificatorio.
  • Departamento: Construcción y Tecnología Arquitectónicas
  • Departamento: Matemática Aplicada a la Edificación, al Medio Ambiente y al Urbanismo
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