Finance, Markets and Valuation
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Title: Housing valuation in Spain. Homogenization method and alternative methodologies
Authors: Jerónimo Aznar, Francisco Guijarro
DOI: Not found
Abstract:
Currently, the most widely valuation method in Spain used for dwelling appraisals is the homogenization method. Nevertheless, this method has got some problems which should be solved and that are related, for example, with valuer’s subjectivity. This paper introduces alternative appraisal methodologies that solve some of those problems and make the work by appraisers and valuation companies easier, enhancing the quality of valuations, increasing the productivity and reducing costs. The use of one method or another depends on the data base available, as well as the problems arising with each methodology.
Keywords: Not found
