Table 2 Answers to research questions on... | Emerald Publishing

Table 2

Answers to research questions on the use of XR technologies in economic project management and real estate appraisal: summary of key findings

Research questions	Answers
1. How does XR influence project management and real estate valuation?	Economic Project Management Optimizes project economics through interactive simulation and design customization (Fu et al., 2004) Reduces construction costs and improves stakeholder collaboration (Wang and Tung, 2023)
	Real Estate Appraisal Increases buyer engagement, enhances transaction transparency, and supports faster, more informed decision-making (Ibrahim et al., 2023a) Almost always positively influences sales prices and time on the market (Anderson et al., 2024a; Benefield et al., 2019; Hou and Li, 2022)
2. What are the main behavioral, economic, and estimation parameters analyzed?	Economic Project Management: construction cost and life cycle cost (LCC) Real Estate Appraisal: purchase price, time on market (TOM) and purchase intention
3. What are the challenges and opportunities in using XR technologies?	Challenges Economic and infrastructural barriers, particularly in emerging markets (Adegoke et al., 2022a) High cost of XR technologies, limited technical expertise, and inadequate digital infrastructure (Adegoke et al., 2022b) Geographic disparities affecting the effectiveness and scalability of XR applications (Adegoke et al., 2022a, b)
	Opportunities Enhances collaboration among stakeholders, optimizes economic decisions, and improves transparency in transactions (Benefield et al., 2019; Wang and Tung, 2023) Adoption of scalable tools could increase accessibility and support global sustainability (Xiong et al., 2022)
Future Research Directions	Focus on underexplored variables and more advanced estimation procedures Greater emphasis on emerging mixed-reality (MR) technologies for future development

Research questions	Answers
1. How does XR influence project management and real estate valuation?	Economic Project Management Optimizes project economics through interactive simulation and design customization (Fu et al., 2004) Reduces construction costs and improves stakeholder collaboration (Wang and Tung, 2023)
	Real Estate Appraisal Increases buyer engagement, enhances transaction transparency, and supports faster, more informed decision-making (Ibrahim et al., 2023a) Almost always positively influences sales prices and time on the market (Anderson et al., 2024a; Benefield et al., 2019; Hou and Li, 2022)
2. What are the main behavioral, economic, and estimation parameters analyzed?	Economic Project Management: construction cost and life cycle cost (LCC) Real Estate Appraisal: purchase price, time on market (TOM) and purchase intention
3. What are the challenges and opportunities in using XR technologies?	Challenges Economic and infrastructural barriers, particularly in emerging markets (Adegoke et al., 2022a) High cost of XR technologies, limited technical expertise, and inadequate digital infrastructure (Adegoke et al., 2022b) Geographic disparities affecting the effectiveness and scalability of XR applications (Adegoke et al., 2022a, b)
	Opportunities Enhances collaboration among stakeholders, optimizes economic decisions, and improves transparency in transactions (Benefield et al., 2019; Wang and Tung, 2023) Adoption of scalable tools could increase accessibility and support global sustainability (Xiong et al., 2022)
Future Research Directions	Focus on underexplored variables and more advanced estimation procedures Greater emphasis on emerging mixed-reality (MR) technologies for future development

Source(s): Authors’ own creation/work