<abstract xmlns="http://www.w3.org/1999/xhtml"><p> The research process aimed at building regression models, which helps to valuate residential real estate, is presented in the following article. Two widely used computational tools i.e. the classical multiple regression and regression models of artificial neural networks were used in order to build models. An attempt to define the utilitarian usefulness of the above-mentioned tools and comparative analysis of them is the aim of the conducted research. Data used for conducting analyses refers to the secondary transactional residential real estate market.</p></abstract>

The research process aimed at building regression models, which helps to valuate residential real estate, is presented in the following article. Two widely used computational tools i.e. the classical multiple regression and regression models of artificial neural networks were used in order to build models. An attempt to define the utilitarian usefulness of the above-mentioned tools and comparative analysis of them is the aim of the conducted research. Data used for conducting analyses refers to the secondary transactional residential real estate market.

The Application of Classical and Neural Regression Models for the Valuation of Residential Real Estate

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International Public License.

The research process aimed at building regression models, which helps to valuate residential real estate, is presented in the following article. Two widely...

The Application of Classical and Neural Regression Models for the Valuation of Residential Real Estate

Published Online: Jun 16, 2017

Page range: 44 - 56

Received: Nov 06, 2016

Accepted: Mar 22, 2017

DOI: https://doi.org/10.1515/foli-2017-0004

Keywords
real estate, residential property, multiple regression, neural regression, valuation

© University of Szczecin

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International Public License.

The Application of Classical and Neural Regression Models for the Valuation of Residential Real Estate

Published Online: Jun 16, 2017

Page range: 44 - 56

Received: Nov 06, 2016

Accepted: Mar 22, 2017

DOI: https://doi.org/10.1515/foli-2017-0004

Keywordsreal estate, residential property, multiple regression, neural regression, valuation

© University of Szczecin

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International Public License.

Keywords
real estate, residential property, multiple regression, neural regression, valuation