Market Prices of Houses in Atlanta
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This study reveals the relationships between residential property asking price and various explanatory variables, including home square footage, land parcel square footage, number of bedrooms, and year of construction, in Atlanta, Georgia. Simple and multiple linear regressions were developed using the method of ordinary least squares. Square footage of the house was found to be the most influential factor in determining asking price, number of bathrooms exhibited a significant relationship, and garage capacity and year of construction were found to be the weakest relationships.