Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished

Property market delineation or determination of areas signifying property market consistency has been a subject of scientific investigation by a variety of researchers from different perspectives. Some explored it for the purposes of decision-making support systems, others for, for example, zoning o...

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Main Author: Walacik Marek
Format: Article
Language:English
Published: Sciendo 2025-03-01
Series:Real Estate Management and Valuation
Subjects:
Online Access:https://doi.org/10.2478/remav-2025-0010
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author Walacik Marek
author_facet Walacik Marek
author_sort Walacik Marek
collection DOAJ
description Property market delineation or determination of areas signifying property market consistency has been a subject of scientific investigation by a variety of researchers from different perspectives. Some explored it for the purposes of decision-making support systems, others for, for example, zoning or housing policy. The theory of property valuation also did not remain indifferent for spatial extraction of homogenous market areas. The following paper constitutes a several-year study within that area. Following the trace of thought formulated by John Maxwell that “every step back is a chance to look at your goals from a different perspective”, the study being based on, amongst others, the method of historic research and critical analysis, ultimately organizes and complements the author’s contribution to the scientific discussion, and in that scope is one of the substantial issues included in the concept of spatial management. It contributes to the current state of the art discussion by introducing the definition of property market tessellation, utilizing it for the purposes of original HAD2 methodology implementation.
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spelling doaj-art-93638f3e4b8a44a88d16343e01f4b00a2025-08-20T02:41:37ZengSciendoReal Estate Management and Valuation2300-52892025-03-0133111312410.2478/remav-2025-0010Methodology for Homogenous Market Area Determination HAD2 - Mission AccomplishedWalacik Marek01Department of Real Estate and Urban Studies, University of Warmia and Mazury in Olsztyn, Prawochenskiego 15, 10-724Olsztyn, PolandProperty market delineation or determination of areas signifying property market consistency has been a subject of scientific investigation by a variety of researchers from different perspectives. Some explored it for the purposes of decision-making support systems, others for, for example, zoning or housing policy. The theory of property valuation also did not remain indifferent for spatial extraction of homogenous market areas. The following paper constitutes a several-year study within that area. Following the trace of thought formulated by John Maxwell that “every step back is a chance to look at your goals from a different perspective”, the study being based on, amongst others, the method of historic research and critical analysis, ultimately organizes and complements the author’s contribution to the scientific discussion, and in that scope is one of the substantial issues included in the concept of spatial management. It contributes to the current state of the art discussion by introducing the definition of property market tessellation, utilizing it for the purposes of original HAD2 methodology implementation.https://doi.org/10.2478/remav-2025-0010property market tessellationreal estate valuationhomogeneitysimilaritya10c38r00
spellingShingle Walacik Marek
Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished
Real Estate Management and Valuation
property market tessellation
real estate valuation
homogeneity
similarity
a10
c38
r00
title Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished
title_full Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished
title_fullStr Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished
title_full_unstemmed Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished
title_short Methodology for Homogenous Market Area Determination HAD2 - Mission Accomplished
title_sort methodology for homogenous market area determination had2 mission accomplished
topic property market tessellation
real estate valuation
homogeneity
similarity
a10
c38
r00
url https://doi.org/10.2478/remav-2025-0010
work_keys_str_mv AT walacikmarek methodologyforhomogenousmarketareadeterminationhad2missionaccomplished