Ricerc@Sapienza

Purpose: As regards the assessment of the market values of properties that compose real estate portfolios, the purpose of this paper is to propose and test an automated valuation model. In particular, the method defined allows for providing for objective, reliable and “quick” valuations of the assets in the phases of periodic reviews of the property values.

The extreme volatility that has characterized the real estate market in recent years constitutes an important issue for researchers and experts, stimulating the development and the test of evaluation models able to predict future trends and to monitor the consequences of scenario evolutions that are different from those initially expected.