Statistics and Probability Commons^™

Linear And Nonlinear Appraisal Models, Billie Ann Brotman

Faculty and Research Publications

In this article, the author uses nonlinear models to forecast the value of four important housing characteristics. The article explains, for example, that each additional bedroom does not add a set incremental dollar figure to the value of a house. The results suggest that nonlinear models predict housing values better than linear ones.