Technical Manual & Applied Econometrics

The e-book of a Real Estate Appraisal

A complete, practical, and rigorous guide for standardizing criteria and econometric modeling of real estate prices. Fundamentals of statistical inference, international standards (IVS, ABNT NBR 14653 and IPMS), and valuation report auditing.

Cover The e-book of a Real Estate Appraisal

Presentation & Foundations

The consolidation of scientific methodology and statistical treatment in Pan-American valuation.

«The material presented by engineer Miguel Camacaro undoubtedly fills this gap. Addressing the subject with refined didactics, without neglecting the technical rigor required for the work, it masterfully develops the content, taking the professional on a journey that begins with the analysis of the documentation... all the way to substantiation and precision in report preparation».

Antônio Pelli Neto
CEO Pelli Sistemas Engenharia (Brazil)

«Today there is a huge challenge for appraisers, given the growing industry of automated valuations processing large databases. For this reason, appraisers must prepare and update themselves to strengthen their knowledge and be able to interpret the statistical results of these models supporting market studies».

Eng. Miguel Camacaro Pérez, M.Sc.
Author and Director of Miguel Camacaro Ediciones
Eng. Miguel Camacaro Pérez

ENG. MIGUEL CAMACARO PÉREZ, M.SC.

Civil Engineer – Appraiser (ULA) • M.Sc. in Construction Management (UCLA – University of Florida)

Asset valuation specialist and university professor of statistics and econometrics with over 40 years of professional experience in appraisal engineering. Creator of the Mundo Valor channel and founder of the Appraisers Reading Club, he promotes the integration of statistical inference, Data Science, and compliance with international valuation and measurement standards.

In memoriam: To Jesús Alí Camacaro Pérez and Sergio Antonio Abunahman, my two great brothers, and to all fellow appraisers victims of COVID-19.

Structure of the Work

Select a technical section to directly open the interactive book on the corresponding page.

SECTION I • PÁG. 2

Valuation and Measurement Standards (Part 1)

Conceptual framework and structure of NIV / IVS: fundamental definitions, ethical principles, scope of investigations, market value bases, and the three valuation approaches universally recognized.

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SECTION II • PÁG. 18

National Valuation Standard (Part 2 - ABNT)

Guidelines of ABNT NBR 14653 (Parts 1 and 2): general procedures for urban properties, basic activities of the expert, appraisal specification, and tables for framing substantiation and precision grades.

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SECTION III • PÁG. 32

International Measurement Standard (IPMS 3A)

Estándares IPMS (NIMI) for multifamily residential buildings (IPMS 3A): physical boundary rules in horizontal property, measurement of private use areas, common surfaces, and shared walls.

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SECTION IV • PÁG. 53

Development of the Appraisal Report

Complete formal structure of a technical report: communication to the client, executive summary, professional certifications, general information, location, legal and physical aspects, and procedural memory.

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SECTION V • PÁG. 188

Degrees of Substantiation and Precision

Calculation and justification of grades achieved by the multiple linear regression model: analysis of variance, statistical significance, 80% confidence intervals, and Grade III rating.

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SECTION VI • PÁG. 186

Annexes

Comprehensive technical and documentary support: architectural floor plan of the typical apartment, market database, SisDEA software processing outputs, legal titles, and bibliographic references.

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📖 The e-book of a Real Estate Appraisal
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