Possibility of using GIS and geostatistic for modeling the influence of location on the value of residential properties
Colakovic, Milica & Darko Vucetic
This paper is an attempt to present one of the possibilities of using spatial data for modeling the influence of the location factor on the value of residential units in Belgrade. Location factor was selected as the factor that determines the property in spatial sense with its components that are spatially dependent sub-factors. Modeling of location factor influence on the value of real estates is based on Multi Criteria Evaluation (MCE) method as a method of spatial analysis with GIS and regression kriging as geostatistical methods. At the end of the paper comparison of the obtained results from these two methods and conclusions on the possibilities of their use are done.
Event: FIG Working Week 2012 : Territory, environment, and cultural heritage
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