scholarly journals A Capability Approach to Real Estate Valuation and Value Enhancement

2021 ◽  
Vol 4 ◽  
pp. 5-26
Author(s):  
Janek Ratnatunga ◽  
Keyword(s):  
Real Estate ◽  
Capability Approach ◽  
Ad Hoc ◽  
Valuation Model ◽  
Ex Post ◽  
Real Estate Valuation ◽  
Commercial World ◽  
Financial Metrics ◽  
Scant Attention ◽  
The Capability Approach

There are numerous financial metrics available in the academic and commercial world to estimate real estate value. Appraisers often use such metrics when advising on the purchase or sale of real estate at a point in time. The first part of this paper proposes a new metric, based on the capability approach, to make an ex-post single period valuation. Further, appraisers often give advice to their clients on actions to take in order to enhance the value of their real estate. This area of value enhancement has received scant attention in the academic literature. In practice, this advice is often based ad-hoc, anecdotal recommendations. The second part of the paper develops seven real estate strengths that can be targeted and provides an ex-ante approach to building real estate value. The valuation model presented in this paper is a pragmatic approach to enhancing both the values of tangible and intangible capabilities of a property by utilizing Expense Leveraged Value Indexes (ELVI).

scholarly journals A Real Estate Valuation Model using Boosted Feature Selection

IEEE Access ◽  
2021 ◽  
pp. 1-1
Author(s):  
Kankawee Chanasit ◽  
Ekapol Chuangsuwanich ◽  
Atiwong Suchato ◽  
Proadpran Punyabukkana
Keyword(s):  
Feature Selection ◽  
Real Estate ◽  
Valuation Model ◽  
Real Estate Valuation

scholarly journals Development of an Overseas Real Estate Valuation Model Considering Changes in Population Structure

2014 ◽  
Vol 12 (3) ◽  
pp. 65-73
Author(s):  
Seung-Hwan Ku ◽  
Wang-Ping ◽  
Jang Seong Yong ◽  
김두석
Keyword(s):  
Population Structure ◽  
Real Estate ◽  
Valuation Model ◽  
Real Estate Valuation

scholarly journals Development of an Overseas Real Estate Valuation Model Considering Changes in Population Structure*

2014 ◽  
Vol 12 (3) ◽  
pp. 65-73
Author(s):  
Seung-Hwan Gu ◽  
◽  
Doo-Suk Kim ◽  
Wang Ping ◽  
Seong-Yong Jang
Keyword(s):  
Population Structure ◽  
Real Estate ◽  
Valuation Model ◽  
Real Estate Valuation

scholarly journals VALUATIONS OF BUILDING PLOTS USING THE AHP METHOD

2019 ◽  
Vol 23 (3) ◽  
pp. 197-212 ◽  
Author(s):  
Fatma Bunyan Unel ◽  
Sukran Yalpir
Keyword(s):  
Real Estate ◽  
World Economy ◽  
Performance Comparison ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Valuation Model ◽  
Real Estate Valuation ◽  
And Performance ◽  
Weighted Values ◽  
Hierarchy Process

Predicting the value of real estate is a complex endeavor due to the abundance of subjective criteria. Objective consideration of the value-affecting criteria in real estate and regulation of decision support systems will enable the acquisition of more accurate results. In this study, analytic hierarchy process (AHP), a type of multi-criteria decision analysis (MCDA), is used to reproduce coefficients that serve as the basis for real estate valuation. A region in the Selcuklu district of Konya, Turkey was used to test the model created by AHP. Weighted criteria describing areas subjected to purchase/sale were generated by the AHP method and then validated. Additionally, a valuation model was created by the multiple regression analysis (MRA) method for comparison and performance analyses. Weighted values were transformed from AHP points and acquired from the MRA method and then joined with geographic information systems (GIS). Value maps of the study area and purchase/sale values were generated according to these newly created models. The performance comparison and value maps revealed that the AHP method is more successful than the MRA method. This study addressed the complexity of criteria issue by using the original hierarchical structure of AHP and thus contributes to the world economy by enabling the generation of more accurate estimations.

Competenza ad agire insieme e senso di iniziativa: il tirocinio per attraversare i confini tra studio e lavoro

2020 ◽  
pp. 93-102
Author(s):  
Fabrizio d'Aniello
Keyword(s):  
Professional Growth ◽  
Capability Approach ◽  
Boundary Crossing ◽  
Methodological Framework ◽  
Knowledge Models ◽  
Internship Experience ◽  
Cultural Historical Activity ◽  
The University ◽  
And Training ◽  
The Capability Approach

The pre-eminent motivation behind this contribution lies in the intention to offer students of three-year degree course in education and training sciences and master's degree in pedagogical sciences of the University of Macerata a further support than those already existing, aimed at expanding the educational meaningfulness of the internship experience. The main criticality of such experience is connected with the difficulty in translating knowledge, models, ideas into appropriate activities. This notably refers to the conceptual and educational core of the sense of initiative and entrepreneurship and, consistently, to the skill to act. Therefore, after a deepening of the sense of initiative and entrepreneurship, followed by related pedagogical reflections based on the capability approach, the paper presents an operative proposal aimed at increasing young people's possibilities of action and supporting their personal and professional growth. With regard to this training proposal, the theoretical and methodological framework refers to the third generation cultural historical activity theory and to the tool of the boundary crossing laboratory, variant of the change laboratory

Real Estate Valuation use in Urban Transformation Projects

2015 ◽  
Author(s):  
Mehmet Levent ◽  
Semih Adil ◽  
Ayse Gokbayrak
Keyword(s):  
Real Estate ◽  
Urban Transformation ◽  
Real Estate Valuation
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