The Use of Combined Multicriteria Method for the Valuation of Real Estate

• Authors: Kozioł-Kaczorek, Dorota

Abstracts

EN

A considered problem is a valuation of real estate. It is important to specify their exact market value, which is the result of several factors. Valuation of property is made on the basis of information and transactions on the local market. Moreover, the valuation always is based on the data of the similar properties. A comprehensive set of data is needed for these reasons. It is quite confusing because the number of transactions on the local market often is not sufficient. The purpose of this paper is to present a method for multicriteria valuation of real estate. This procedure is based on the Analytic Hierarchy Process (AHP) and the Goal Programming (GP). It was designed especially for valuation in situation in which information are limited. The proposed method was used for the valuation of the real estate located on Warsaw.

Keywords

EN

real estate; value of real estate; AHP; GP; multicriteria agricultural valuation

• Publisher: Wydawnictwo Uniwersytetu w Białymstoku
• Journal: Optimum. Studia Ekonomiczne
• Year: 2014
• Volume: 5(71)

Dates

published

2014

Contributors

author

Kozioł-Kaczorek, Dorota

Identifiers

URI

http://hdl.handle.net/11320/2914

DOI

10.15290/ose.2014.05.71.16