Fuzzy Logic in Price Assessment in Real Estate Business

Abstract The following thesis discusses the problems of apprising methods of real estate with regard to subjective factor which is inherited in the process by the appricing subject. It discusses methods, evaluations and points out possible disturbing effects and faults which could influence these methods. The example case study shows possibilities in using the power of fuzzy logic, which contributes in a significant way to higher transparency, reproducibility and portability of the whole appricing process. The main goal of the thesis is to introduce the advantages and power of a new evaluation method in the appricing process