Estimating residential real estate prices
Date of Publication
2002
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Mathematics
College
College of Science
Department/Unit
Mathematics and Statistics
Abstract/Summary
The estimation of real estate prices in the Philippines whether it is for the purpose of taxation or marketing is not systematic. It is for this reason that this paper used Multiple Linear Regression Analysis and Factor Analysis to find an easier way of estimating real estate zonal values and transaction prices using the demographics of the country. The estimated regression equation for the natural logarithm of zonal values of the ith real estate is: Ln(Zi) = -7.86759+1.8E-5GDP1+0.11739EMP1+0.06744UNDEREMP1+6.4249E-4SQMi and the estimated regression equation for the natural logarithm of transaction prices for the ith real estate is: Ln(Pi) =-3.70138+1.02635Ln(Zi)+6.38E-6POPi+3.1884E-4SQMi
Abstract Format
html
Language
English
Format
Accession Number
TU11093
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
56 leaves
Recommended Citation
Castañeda, R. S., & Rañola, S. D. (2002). Estimating residential real estate prices. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/17226
