How Can We Measure the Value of a Home? Comparing Model-Based Estimates with Owner-Occupant Estimates

Posted: 17 Oct 2018 Last revised: 21 Feb 2019

See all articles by Raven Molloy

Raven Molloy

Board of Governors of the Federal Reserve System

Eric Reed Nielsen

Board of Governors of the Federal Reserve System

Date Written: 2018-10-11

Abstract

In this note, we assess whether AVM estimates or owner valuations are better at approximating the market value of a home.

Suggested Citation

Molloy, Raven and Nielsen, Eric Reed, How Can We Measure the Value of a Home? Comparing Model-Based Estimates with Owner-Occupant Estimates (2018-10-11). FED Notes No. 2018-10-11. Available at SSRN: https://ssrn.com/abstract=3267782 or http://dx.doi.org/10.17016/2380-7172.2266

Raven Molloy (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Eric Reed Nielsen

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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