Using Genetic Algorithms for Real Estate Appraisals

Buildings

Fabiana Forte¹  Vincenzo Del Giudice²  Pierfrancesco De Paola² 

[1] Department of Architecture and Industrial Design, University of Campania “Luigi Vanvitelli”, 81031 Aversa, Italy;Department of Industrial Engineering, University of Naples “Federico II”, 80125 Naples, Italy;

关键词: genetic algorithms;    geoadditive models;    hedonic price models;    housing market;    real estate appraisals;    rental real estate values;    Italian real estate rental market;   

DOI  :  10.3390/buildings7020031

来源: DOAJ

【 摘 要 】

The main aim of this paper is the interpretation of the existing relationship between real estate rental prices and geographical location of housing units in a central urban area of Naples (Santa Lucia and Riviera of Chiaia neighborhoods). Genetic algorithms (GA) are used for this purpose. Also, to verify the reliability of genetic algorithms for real estate appraisals and, at the same time, to show the forecasting potentialities of these techniques in the analysis of housing markets, a multiple regression analysis (MRA) was applied comparing results of GA and MRA.

【 授权许可】

Unknown