Modeling of price formation process in commercial real estate transactions

The models of pricing supply and demand for the newly created property were considered. It was found that the profit entrepreneur markedly reduced when overrun capital investments and an increase in performance time. Confirmed axioms estimation of the approximate equality of the results of a market-based value obtained from the three standard approaches to assessment at all stages of economic cycles, including periods of crisis ups and downs of the market. The confidence interval of the market value increases when there is a dynamic equilibrium varying levels of supply and demand.