Hedonic pricing using geostatistical

Discussion created by mills82 on May 12, 2011
Latest reply on Feb 22, 2012 by EKrause-esristaff

I am trying to estimate property value ( hedonic pricing)  using  ArcGIS. I have  point data ( single family house) which holds information like address, market value, area in sq. ft, etc.  I am interested to use very simple approach to estimate property value ( single family house)  difference within certain buffer from coastal area.So, what is/are possible way/s to estimate property difference?

Thanks in advance !