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Local Economic Analysis for Shopping Center Appraisals




Local economic area analysis is a study of the demand and supply factors that can affect the value of a subject property located within the boundaries of a local economic area.

A local economic analysis performed for a shopping center appraisal should obtain information on the economic variables that either directly or indirectly affect the value and marketability of a subject property.

This article discusses the major economic and demographic variables important in analyzing a local economic area, the nature of local economic analysis, and the sources of data for economic and demographic variables.


Journal information

  • Edited by: IROVAL under ANEVAR guidance
  • ISSN: 1842-3787
  • Frequency: bi-annual
  • Current Volume: 12 (2), 2017

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CNCSIS category B+


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