Data Collection

When the value of a proportion is analyzed, the secondary selective information may be a determining factor in displace market prices. Secondary data is any additional knowledge of real estate property such as: bod of bedrooms and bathrooms, is there is a garage or pool, and if any urban center constructions are on the property. Recent studies have been conducted to countersink how more of an effect various factors have on the overall property prices. In order to keep prices low in gravelly economic times, a fair market value is stubborn mostly on primary data without much setting on some secondary data. There are numerous factors that can go into the secondary data category; the parody is to know what data is important.
Peer Reviewed Articles
The Problem of Faulty Analysis
The hold that was used is called The Problem of Faulty Analysis. This article examines the methods used to grass safe of way on value of properties. When they are referring to right of way, it is speaking to cell phone towers, lavishly tension military group lines, or drainage ditches and reservoirs. The article identifies some methods used to determine changes of value on property of cell phone towers and high tension power lines and their accuracy. The representation that was provided through these studies was flawed.



The authors used a Hedonic appeal and a regression analysis approach. They were viewed as biased in that they left out key variables standardised the number of bedrooms, size of the garage, also if the property is owner sedulous or an investment property. All these have significant concern on value of the property. The hedonic method and hypothetical approach does not yield scientifically reliable or creditable results (Wilson, A, 2006). The sample of the surveys used, were not representative of the true population. Most of the data was from a buyers perspective. Appraisers use one of tierce different methods to determine market value. The classic approach is the gross sales comparison, but others are the...If you want to get a total essay, order it on our website: Orderessay



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