"Numb3rs" Real Estate Valuation Explained

Just saw an episode of Numb3rs from Season 4 (Number 11, I think, "Breaking Point"). It dealt with an investigative reporter who went missing. She had uncovered a shady real estate developer who had been undervaluing properties in a poorer neighbourhood where he was planning to build a mixed use retail and condominium project. The reporter, Bonnie, was going to break the case on the evening news and the developer had her kidnapped until a zoning board vote passed that would allow his project to move forward unopposed.

Sounds familiar...well without the kidnapping and the criminal minds etc., etc. of course.

As part of finding the bad guy, as he does every week, Charlie Eppes uses mathematics to crack the case. In the process he gives a fair explanation of how real estate values are affected by neighbouring properties. Actually, it's better than fair, it's great! If you get a chance to watch the episode, it was very well done with some impressive character development that is sometimes lacking on the show.

To hear the clip with Charlie's explanation, listen here. Enjoy!


Greg Harris,  August 3, 2009 at 12:50 PM  

Very Cool! That's a very good way of explaining it in layman's terms.

Blog Widget by LinkWithin

Recent Comments

Become a Facebook Fan


Blog Directories We're On

Must Read Books

  • The Millionaire Real Estate Agent by Gary Keller
  • The Four Hour Work Week by Timothy Ferris
  • Rich Dad, Poor Dad by Robert Kiyosaki
  • Daddy Needs a Drink by Robert Wilder

Live Traffic Feed


No part of this website is intended to solicit those already under contract.

Legal, accounting and environmental advice should be sought prior to making any form of financial or other commitments.
Opinions expressed herein are those of the authors and may not reflect those of the Brokerage.

REALTOR® Trademark owned or controlled by the Canadian Real Estate Association. Used under license.

Those of you with an overwhelming fear of the unknown will be gratified to learn that there is no hidden message revealed by reading this warning backwards, so just ignore that Alert Notice from Microsoft: However, by pouring a complete circle of salt around yourself and your computer you can ensure that no harm befalls you and your children.
Powered by Blogger, trillions of electrons spinning out of control, and an insatiable appetite to learn.

  © Blogger templates The Professional Template by Ourblogtemplates.com 2008

Back to TOP