Department

Economics, Finance and Quantitative Analysis

Document Type

Article

Publication Date

4-1990

Abstract

In this article, the author uses nonlinear models to forecast the value of four important housing characteristics. The article explains, for example, that each additional bedroom does not add a set incremental dollar figure to the value of a house. The results suggest that nonlinear models predict housing values better than linear ones.

Journal

The Appraisal Journal

Journal ISSN

0003-7087

Volume

58

Issue

2

First Page

249

Last Page

253

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