Construct · 1 fields · 1 citations

owner valuation bias: a standalone construct

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Real estate economics

the gap between homeowners' own estimates of their home's value and its market value, usually an overestimate, examined for its effect on price indexes.

In real estate economics, owner valuation bias refers to the gap between homeowners' own estimates of their home's value and its market value, usually an overestimate, examined for its effect on price indexes. This meaning comes from Kiel (1999) in Real Estate Economics.[1]

Unit
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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructs estate2 fields · 2 citationsjingle · one word, two carriers market3 fields · 5 citationsjingle · one word, three constructs

References

Kiel, K. A., & Zabel, J. E. (1999). The Accuracy of Owner‐Provided House Values: The 1978–1991 American Housing Survey. Real Estate Economics, 27(2), 263-298. https://doi.org/10.1111/1540-6229.00774

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