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Real estate appraisal and subjectivity

dc.contributor.authorVaz, António Jorge Ferreira
dc.date.accessioned2015-04-20T08:06:33Z
dc.date.available2015-04-20T08:06:33Z
dc.date.issued2015
dc.description.abstractThe discretionally 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 and statistical methods to real estate valuation (especially on mass appraisals that comprehend a huge amount of data) aims at the elimination of subjectivity on the appraisal process. But the unanswered questions underneath this subject are the following: In what consists the subjective component on real estate appraisal value formation? How much is the value presented by the appraiser influenced by the economic environment or by the building or neighborhood social status? What are the inherent and exterior factors that concur to the enhancement of the subjective component on real estate price formation? In this study an overview across appraisal’s bibliography is made in order to determine which real estate inherent and exterior factors are more important on price formation.por
dc.identifier.citationVaz, Jorge António Ferreira (2015). Real estate appraisal and subjectivity. European Scientific Journal. ISSN 1857 – 7881. p.55-66por
dc.identifier.issn1857–7881
dc.identifier.urihttp://hdl.handle.net/10198/11768
dc.language.isoporpor
dc.peerreviewedyespor
dc.subjectReal estatepor
dc.subjectValuationpor
dc.subjectappraisalpor
dc.subjectReal propertypor
dc.subjectSubjectivitypor
dc.titleReal estate appraisal and subjectivitypor
dc.typeconference paper
dspace.entity.typePublication
oaire.citation.endPage66por
oaire.citation.startPage55por
oaire.citation.titleEuropean Scientific Journalpor
person.familyNameVaz
person.givenNameAntónio Jorge Ferreira
person.identifier.ciencia-id401A-7B51-9199
person.identifier.orcid0000-0001-9421-5894
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublication16956931-515f-499c-a248-96722a06d70e
relation.isAuthorOfPublication.latestForDiscovery16956931-515f-499c-a248-96722a06d70e

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