Skip navigation
Logo
User training | Reference and search service

Library catalog

Retrievo
EDS
b-on
More
resources
Content aggregators
Please use this identifier to cite or link to this item:

acessibilidade

http://hdl.handle.net/10071/12721
acessibilidade
Title: Using multiple criteria decision analysis (MCDA) to assist in estimating residential housing values
Authors: Ferreira, F.
Spahr, R.
Sunderman, M.
Keywords: Decision support
Housing valuation
MCDA
Residential real estate
Issue Date: 2016
Publisher: Vilnius Gediminas Technical University
Abstract: Considerable literature exists regarding the complexity of the residential real estate appraisal process and the methods employed to determine initial listing prices as estimates of intrinsic market prices. Deviations in residential real estate intrinsic values occur due to a multiplicity of attributes and explanatory factors requiring consideration. We conduct a panel study using a Multiple Criteria Decision Analysis (MCDA) based framework that utilizes the skills and knowledge of a panel of residential real estate professionals (i.e. appraisers and realtors). We demonstrate how cognitive mapping and the Measuring Attractiveness by a Categorical Based Evaluation Technique (MACBETH) may assist in estimating appropriate offer/sale prices and strengthening current valuation approaches such as using comparables and/or hedonic modeling. The managerial implications of our MCDA-based framework and some avenues for future research are also presented.
Peer reviewed: yes
URI: http://hdl.handle.net/10071/12721
DOI: 10.3846/1648715X.2015.1122668
ISSN: 1648-715X
Ciência-IUL: https://ciencia.iscte-iul.pt/id/ci-pub-30870
Accession number: WOS:000390892800002
Appears in Collections:BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica

Files in This Item:
acessibilidade
File Description SizeFormat 
Ferreira_et_al___2016_.pdfVersão Editora1.22 MBAdobe PDFView/Open


FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpace
Formato BibTex MendeleyEndnote Currículo DeGóis 

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.