Comunicação apresentada no MME2010, que decorreu de 21 a 24 de Outubro de 2010, em Cimbra.Several models have been used to estimate the market value of real estate
properties, with the aim of obtaining better measures of the price of transaction
than the official figures calculated for fiscal purposes. Hedonic models are well
known techniques for estimating values of complex goods, as a house. Here they are
focused on flats and apartments sold between 2005 and 2009 in a medium size portuguese
city; sample data have been collected in collaboration with real estate
agents, both for new and non-new houses, using transaction prices. Several internal
and external characteristics of each property are included in the models, and the
methodology can be extended to other cities alike in the country.Foundation for Science and Tecnolog