Correction factors application to Krasnoyarsk city real estate in the lack of information conditions
Abstract
Assessment activity needs to be by unified methodology. In this paper, we have described several tools that can improve the validity of the assessment. The paired sales method was used. The research was conducted under lack of information. Data was selected for the research of real estate in Krasnoyarsk at the end of 2018 and beginning of 2019. In this study, real estate categories such as «Residential Real Estate», «Commercial Real Estate» and «Land» were used. The most significant properties of real estate objects were selected. The number of real estate objects in each database exceeds 2000 objects. The correction coefficient for the effect of the location was used for assessing real estate. This coefficient was introduced in order to adjust the value of real estate for 7 districts of Krasnoyarsk.
- Publication:
-
Journal of Physics Conference Series
- Pub Date:
- December 2019
- DOI:
- 10.1088/1742-6596/1399/5/055092
- Bibcode:
- 2019JPhCS1399e5092P