iib
Brief description
The objective is to find a transparent way of estimating the value of real estate properties based on the statutory valuation procedures. To this end, the first step is to use known statistical methods to identify characteristics that are related to the quality and thus the value of a property. The experience of the partner has shown that individual quality characteristics such as year of construction, equipment and condition are not suitable to represent the quality due to misjudgements of the brokers. The goal is to investigate to what extent models from the valuation of financial market values (such as stocks) can be transferred to the real estate world and what analogies there are. In the end, the specific numerical influence of these characteristics or the quality factor on the property value will be examined.
Project data
Project manager
Contact persons at DISO
Cooperation partner
iib Institut Innovatives Bauen Dr. Hettenbach GmbH (Schwetzingen)
Time period
May to December 2021