Application of a numerical method for calculation of price adjustments of analogue objects in the framework of a comparative approach

The author proposes one of the possible ways to formalize the process of calculating price adjustments for analogous objects or amendments to their prices by numerically solving systems of equations that describe pricing in the market of the object of appraisal. He believes that the proposed approach can be used in practice in the process of individual valuation of real estate or quality control of completed valuations when challenging the cadastral value.