Practical Aspects: Development of a Method of Modeling the Most Attractive Location of a Real Estate Object

Abstract

The purpose of this chapter is to conduct a study of aspects of modeling the most attractive locationLocation of real estateReal estate objects. As a result of the conducted research, an algorithm was developed for the method of modeling the most attractive locationLocation of the real estateReal estate object. The proposed algorithm will allow you to choose the right place for the locationLocation of the future real estateReal estate object. And consider the specifics of the object, which is important for assessing its profitability. The authors proved that the construction of visual modelsVisual model for analysisAnalysis is one of the most important stages of choosing the optimal locationLocation of real estateReal estate. The authors made conclusions about the common features of the locationLocation of cultural centers (art centers) and shopping centers, since one of the most important factors affecting the locationLocation is profitability. In this chapter, the authors analyzed all popular models for calculating the most attractive locationLocation of a real estateReal estate object. The authors proposed a method of choosing the most attractive locationLocation for such objects. Thus, it was determined that the authors' use of such methods as “calculation by trade area”, “multiple regression method”, and “gravity method” leads to the best results.