Analysis of hedonic prices in the residential real estate market of Conselheiro Lafaiete, MG

Abstract: The present article consists of the analysis of the relevant attributes in the formation of the prices of residential properties for sale in Conselheiro Lafaiete, MG, in 2016. A hedonic model was estimated from a multiple linear regression that allowed to associate the real estate price with the properties’ characteristics and its surroundings. The results suggest that the variables were relevant to explain the variability in real estate prices, and reflected the reality of the real estate market of Conselheiro Lafaiete.