Key Takeaways
- Regression analysis provides statistically defensible adjustment values from large datasets.
- CV below 10% indicates high confidence; above 15% requires supplementary analysis.
- Volatile markets require tailored adaptations: time adjustments, distressed filtering, and blended comps.
- ROV success requires superior comps, identified errors, and professional presentation.
This track contains subscriber-only lessons
Explore free tracks in this area of study, or subscribe for full access.
Browse available tracks"Hedonic Pricing, Regression Analysis & Appraisal Challenges" is a Pro track
Upgrade to access all lessons in this track and the entire curriculum.
Test Your Knowledge
1.What is the minimum R² value considered acceptable for a hedonic pricing model used in property valuation?
2.In a market declining at 6% annually, what time adjustment should be applied to a comp that sold 4 months ago?
3.Which element is most critical for a successful Reconsideration of Value (ROV) request?