Hedonic Pricing Model
nounhe·don·ic pric·ing mod·elpronounced heh-DON-ik PRY-sing MOD-ul
Last reviewed 16 April 2026
What does the noun Hedonic Pricing Model mean?
A statistical method that estimates property value by breaking it into measurable characteristics — bedrooms, land size, location, age — and assigning a value to each. Used in research to compare prices across properties while controlling for their differences.
How the noun Hedonic Pricing Model is used
The hedonic pricing model showed that an extra bathroom added roughly $35,000 to values in that suburb, while a pool added almost nothing.
Synonyms
hedonic regression
Related words
Cite this entry
MLA citation: "Hedonic Pricing Model." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/hedonic-pricing-model. Accessed 29 May 2026.
Chicago citation: How to Property. "Hedonic Pricing Model." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/hedonic-pricing-model.
APA citation: How to Property. (2026, April 16). Hedonic Pricing Model. https://howtoproperty.com.au/definitions/hedonic-pricing-model