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HOUSE PRICES: FACTORS THAT INFLUENCE THE VALUE OF A HOME

by Ockey, Tanner

Abstract

The Housing market in the United States is beginning to change due to millennial lifestyle, aging Gen Xer’s and inflation. It is important for a consumer to understand what makes a housing unit valuable. This study aims to compare 33 variables and the influence each of them have on house value. Using the 2013 data from the American Housing Survey, I found that location is the most influential variable in terms of prices. However, demographics play a larger role than anticipated but in a different context than location. These finding have an important role in determining house prices.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:30898
Digital Origin
born digital
Extent
28 pages : illustrations
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Katrina Miller-Stevens
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2019-05