arXiv
Open Access
2025
The Mathematics of Income Property Valuation
David Ellerman
Abstrak
This paper surveys and generalizes the main valuation formulas used in real estate valuation and presents unified proofs. The results are otherwise scattered in obscure journals and books while the proofs are rarely available to researchers in the field. The material was originally developed so that it could be used by mathematically-trained appraisers and researchers in the former Soviet Union and in other transition economies that were starting their real estate valuation profession. Keywords: real estate valuations; six functions of one; Ellwood, Akerson, and Hoskold formulas; capitalization rate methods; amortization tables JEL: G12, R3
Topik & Kata Kunci
Penulis (1)
D
David Ellerman
Akses Cepat
Informasi Jurnal
- Tahun Terbit
- 2025
- Bahasa
- en
- Sumber Database
- arXiv
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- Open Access ✓