Real Estate Cost Estimating Techniques for PL 91-646 Relocation Costs

摘要

This report documets the development of a predicting model which would better estimate the amount of money required by Districts to compensate individuals relocated from their residences, businesses, or farms as a result of U. S. Army Corps of Engineers construction. The predictions are the result of applying the least squares method to previous District and state payment data. Three different approaches for developing the model were attempted. The approach which used Docket Sheet data broken out by Fiscal Years 72 through 76 was selected as having the highest probability for success. Using the information from these Docket Sheets, average total payments were computed by state and by District, and average values were found for each of 15 payment categories. (Author)