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Housing Price Determinants In The Lynchburg, Virginia Area, Benjamin L. Ferguson
Housing Price Determinants In The Lynchburg, Virginia Area, Benjamin L. Ferguson
Undergraduate Theses and Capstone Projects
The effect of certain variables on the price of a house is a subject that has been very widely studied. This paper attempts to generate a pricing model for houses in the Lynchburg VA, area using the physical characteristics of a home and other locational variables. The model will attempt to create a representation of the housing price equation for the market in the area. The results of the equation will allow the ability to predict future housing prices in the market, given certain physical and locational values that are similar for the area. 3