principle of regression


A real estate valuation theory which states that a property of higher value is negatively affected through comparison with lower value properties. The principle may be evident during the appraisal process whereby two or more buildings with similar amenities are compared; the more marketable property may be valued slightly lower due to its location.

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The principle of regression theory is something that we all knew about and it was a theory we all agreed with.

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You should try and make sure you are prepared for the principle of regression and make the necessary adjustments before it stars.

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The homeowners were a little dismayed to discover that the principle of regression caused their home to lose some of it's value but were pleased to discover that their property taxes would be lower.

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