메뉴 건너뛰기




Volumn 7, Issue 4, 2017, Pages

Assessing the impact of urban improvement on housing values: A hedonic pricing and multi-attribute analysis model for the historic centre of venice

Author keywords

Hedonic pricing method; MOSE project; Multi attribute analysis; Real estate market; Urban improvement

Indexed keywords


EID: 85036551504     PISSN: None     EISSN: 20755309     Source Type: Journal    
DOI: 10.3390/buildings7040112     Document Type: Article
Times cited : (19)

References (62)
  • 1
    • 0027040988 scopus 로고
    • Valuing the environment: Recent UK experience and an application to Green Belt Land
    • Hanley, N.; Knight, J. Valuing the environment: Recent UK experience and an application to Green Belt Land. J. Environ. Plan. Manag. 1992, 35, 145-160
    • (1992) J. Environ. Plan. Manag , vol.35 , pp. 145-160
    • Hanley, N.1    Knight, J.2
  • 2
    • 37249073334 scopus 로고    scopus 로고
    • Valuing Urban Green Space: Hypothetical Alternatives and the Status Quo
    • Bullock, C.H. Valuing Urban Green Space: Hypothetical Alternatives and the Status Quo. J. Environ. Plan. Manag. 2008, 51, 15-35
    • (2008) J. Environ. Plan. Manag , vol.51 , pp. 15-35
    • Bullock, C.H.1
  • 3
    • 0034306610 scopus 로고    scopus 로고
    • Measuring recreation benefits of quality improvements with revealed and stated behavior data
    • Whitehead, J.C.; Haab, T.C.; Huang, J.-C. Measuring recreation benefits of quality improvements with revealed and stated behavior data. Resour. Energy Econ. 2000, 22, 339-354
    • (2000) Resour. Energy Econ , vol.22 , pp. 339-354
    • Whitehead, J.C.1    Haab, T.C.2    Huang, J.-C.3
  • 5
    • 85009643508 scopus 로고    scopus 로고
    • The impact of parks on property values. empirical evidence from the past two decades in the United States
    • Crompton, J.L. The impact of parks on property values. empirical evidence from the past two decades in the United States. Manag. Leisure 2005, 10, 203-218
    • (2005) Manag. Leisure , vol.10 , pp. 203-218
    • Crompton, J.L.1
  • 6
    • 85036562442 scopus 로고    scopus 로고
    • (accessed on 16 October 2017)
    • Cloudburst Management Pays Off2014-Climate-ADAPT. Available online: http://climate-adapt.eea. europa.eu/repository/11286781.pdf/view (accessed on 16 October 2017)
  • 7
    • 0001622239 scopus 로고    scopus 로고
    • An analysis of perceptions concerning the environmental quality of housing in Geneva
    • Bender, A.; Din, A.; Favarger, P.; Hoesli, M.; Laakso, J. An analysis of perceptions concerning the environmental quality of housing in Geneva. Urban Stud. 1997, 34, 503-513
    • (1997) Urban Stud , vol.34 , pp. 503-513
    • Bender, A.1    Din, A.2    Favarger, P.3    Hoesli, M.4    Laakso, J.5
  • 8
    • 0034796936 scopus 로고    scopus 로고
    • Environmental variables and real estate prices
    • Din, A.; Hoesli, M.; Bender, A. Environmental variables and real estate prices. Urban Stud. 2001, 38, 1989-2000
    • (2001) Urban Stud , vol.38 , pp. 1989-2000
    • Din, A.1    Hoesli, M.2    Bender, A.3
  • 9
    • 17844366863 scopus 로고    scopus 로고
    • Paying for quietness: The impact of noise on Geneva rents
    • Baranzini, A.; Ramirez, J.V. Paying for quietness: The impact of noise on Geneva rents. Urban Stud. 2005, 42, 633-646
    • (2005) Urban Stud , vol.42 , pp. 633-646
    • Baranzini, A.1    Ramirez, J.V.2
  • 10
  • 11
    • 84905011931 scopus 로고    scopus 로고
    • The Effects of Noise Pollution Produced by Road Traffic of Naples Beltway on Residential Real Estate Values
    • Switzerland
    • Del Giudice, V.; De Paola, P. The Effects of Noise Pollution Produced by Road Traffic of Naples Beltway on Residential Real Estate Values; Trans Tech Publications: Zürich, Switzerland, 2014; Volume 587, pp. 2176-2182
    • (2014) Trans Tech Publications: Zürich , vol.587 , pp. 2176-2182
    • Del Giudice, V.1    De Paola, P.2
  • 12
    • 85013478320 scopus 로고    scopus 로고
    • The monetary valuation of environmental externalities through the analysis of real estate prices
    • Del Giudice, V.; De Paola, P.; Manganelli, B.; Forte, F. The monetary valuation of environmental externalities through the analysis of real estate prices. Sustainability 2017, 9, 229
    • (2017) Sustainability , vol.9 , pp. 229
    • Del Giudice, V.1    De Paola, P.2    Manganelli, B.3    Forte, F.4
  • 13
    • 0035046080 scopus 로고    scopus 로고
    • The external effects of local attributes on living environment in detached residential blocks in Tokyo
    • Gao, X.; Asami, Y. The external effects of local attributes on living environment in detached residential blocks in Tokyo. Urban Stud. 2001, 38, 487-505
    • (2001) Urban Stud , vol.38 , pp. 487-505
    • Gao, X.1    Asami, Y.2
  • 14
    • 0033863772 scopus 로고    scopus 로고
    • Estimating the demand for air quality in four US cities
    • Zabel, J.E.; Kiel, K.A. Estimating the demand for air quality in four US cities. Land Econ. 2000, 76, 174-194
    • (2000) Land Econ , vol.76 , pp. 174-194
    • Zabel, J.E.1    Kiel, K.A.2
  • 15
    • 0036881168 scopus 로고    scopus 로고
    • The effects of open space on residential property values
    • Irwin, E.G. The effects of open space on residential property values. Land Econ. 2002, 78, 465-480
    • (2002) Land Econ , vol.78 , pp. 465-480
    • Irwin, E.G.1
  • 16
    • 0037286920 scopus 로고    scopus 로고
    • Measuring the benefits of air quality improvement: A spatial hedonic approach
    • Kim, C.W.; Phipps, T.T.; Anselin, L. Measuring the benefits of air quality improvement: A spatial hedonic approach. J. Environ. Econ. Manag. 2003, 45, 24-39
    • (2003) J. Environ. Econ. Manag , vol.45 , pp. 24-39
    • Kim, C.W.1    Phipps, T.T.2    Anselin, L.3
  • 17
    • 0031426923 scopus 로고    scopus 로고
    • The contribution of environmental amenities to low-income housing: A comparative study of Bangkok and Jakarta
    • Crane, R.; Daniere, A.; Harwood, S. The contribution of environmental amenities to low-income housing: A comparative study of Bangkok and Jakarta. Urban Stud. 1997, 34, 1495-1512
    • (1997) Urban Stud , vol.34 , pp. 1495-1512
    • Crane, R.1    Daniere, A.2    Harwood, S.3
  • 18
    • 0035620884 scopus 로고    scopus 로고
    • The internal and external impact of historical designation on property values
    • Coulson, N.E.; Leichenko, R.M. The internal and external impact of historical designation on property values. J. Real Estate Financ. Econ. 2001, 23, 113-124
    • (2001) J. Real Estate Financ. Econ , vol.23 , pp. 113-124
    • Coulson, N.E.1    Leichenko, R.M.2
  • 19
    • 84995874844 scopus 로고    scopus 로고
    • Planning for green infrastructure: The spatial effects of parks, forests, and fields on Helsinki's apartment prices
    • Votsis, A. Planning for green infrastructure: The spatial effects of parks, forests, and fields on Helsinki's apartment prices. Ecol. Econ. 2017, 132, 279-289
    • (2017) Ecol. Econ , vol.132 , pp. 279-289
    • Votsis, A.1
  • 20
    • 1642512106 scopus 로고    scopus 로고
    • Residential real estate prices: A room with a view
    • Bond, M.T.; Seiler, V.L.; Seiler, M.J. Residential real estate prices: A room with a view. J. Real Estate Res. 2002, 23, 129-138
    • (2002) J. Real Estate Res , vol.23 , pp. 129-138
    • Bond, M.T.1    Seiler, V.L.2    Seiler, M.J.3
  • 21
    • 85010737685 scopus 로고    scopus 로고
    • Data-driven techniques for mass appraisals Applications to the residential market of the city of Bari (Italy)
    • Tajani, F.; Morano, P.; Locurcio, M.; Torre, C.M. Data-driven techniques for mass appraisals. Applications to the residential market of the city of Bari (Italy). Int. J. Bus. Intell. Data Min. 2016, 11, 109-129
    • (2016) Int. J. Bus. Intell. Data Min , vol.11 , pp. 109-129
    • Tajani, F.1    Morano, P.2    Locurcio, M.3    Torre, C.M.4
  • 22
    • 85011288767 scopus 로고    scopus 로고
    • Modeling the Property Price Impact of Water Quality in 14 Chesapeake Bay Counties
    • Walsh, P.; Griffiths, C.; Guignet, D.; Klemick, H. Modeling the Property Price Impact of Water Quality in 14 Chesapeake Bay Counties. Ecol. Econ. 2017, 135, 103-113
    • (2017) Ecol. Econ , vol.135 , pp. 103-113
    • Walsh, P.1    Griffiths, C.2    Guignet, D.3    Klemick, H.4
  • 23
    • 0031803426 scopus 로고    scopus 로고
    • Noise versus access: The impact of an airport in an urban property market
    • Tomkins, J.; Topham, N.; Twomey, J.; Ward, R. Noise versus access: The impact of an airport in an urban property market. Urban Stud. 1998, 35, 243-258
    • (1998) Urban Stud , vol.35 , pp. 243-258
    • Tomkins, J.1    Topham, N.2    Twomey, J.3    Ward, R.4
  • 24
    • 85020737965 scopus 로고    scopus 로고
    • Demand for urban tree cover: A two-stage hedonic price analysis in California
    • Mei, Y.; Hite, D.; Sohngen, B. Demand for urban tree cover: A two-stage hedonic price analysis in California. For. Policy Econ. 2017, 83, 29-35
    • (2017) For. Policy Econ , vol.83 , pp. 29-35
    • Mei, Y.1    Hite, D.2    Sohngen, B.3
  • 25
    • 85020541923 scopus 로고    scopus 로고
    • Do hurricanes matter?: A case study of the residential real estate market in Brunswick County, North Carolina
    • Saginor, J.; Ge, Y. Do hurricanes matter?: A case study of the residential real estate market in Brunswick County, North Carolina. Int. J. Hous. Mark. Anal. 2017, 10, 352-370
    • (2017) Int. J. Hous. Mark. Anal , vol.10 , pp. 352-370
    • Saginor, J.1    Ge, Y.2
  • 28
    • 1342287923 scopus 로고    scopus 로고
    • Amenities in an urban equilibrium model: Residential development in Portland, Oregon
    • Wu, J.; Adams, R.M.; Plantinga, A.J. Amenities in an urban equilibrium model: Residential development in Portland, Oregon. Land Econ. 2004, 80, 19-32
    • (2004) Land Econ , vol.80 , pp. 19-32
    • Wu, J.1    Adams, R.M.2    Plantinga, A.J.3
  • 29
    • 77951965815 scopus 로고    scopus 로고
    • Valuing Access toWater-A Spatial Hedonic Approach, with an Application to Bangalore, India
    • Anselin, L.; Lozano-Gracia, N.; Deichmann, U.; Lall, S. Valuing Access toWater-A Spatial Hedonic Approach, with an Application to Bangalore, India. Spat. Econ. Anal. 2010, 5, 161-179
    • (2010) Spat. Econ. Anal , vol.5 , pp. 161-179
    • Anselin, L.1    Lozano-Gracia, N.2    Deichmann, U.3    Lall, S.4
  • 30
    • 85028990262 scopus 로고    scopus 로고
    • A spatial analysis for the real estate market applications
    • Springer: Cham, Switzerland
    • Curto, R.; Fregonara, E.; Semeraro, P. A spatial analysis for the real estate market applications. In Advances in Automated Valuation Modeling; Springer: Cham, Switzerland, 2017; pp. 163-179
    • (2017) Advances in Automated Valuation Modeling , pp. 163-179
    • Curto, R.1    Fregonara, E.2    Semeraro, P.3
  • 32
    • 84939958955 scopus 로고    scopus 로고
    • The value of the greenbelt in Vienna: A spatial hedonic analysis
    • Herath, S.; Choumert, J.; Maier, G. The value of the greenbelt in Vienna: A spatial hedonic analysis. Ann. Reg. Sci. 2015, 54, 349-374
    • (2015) Ann. Reg. Sci , vol.54 , pp. 349-374
    • Herath, S.1    Choumert, J.2    Maier, G.3
  • 33
    • 80053257968 scopus 로고    scopus 로고
    • Measuring the Impact of Sea-Level Rise on Coastal Real Estate: A Hedonic Property Model Approach
    • Bin, O.; Poulter, B.; Dumas, C.F.; Whitehead, J.C. Measuring the Impact of Sea-Level Rise on Coastal Real Estate: A Hedonic Property Model Approach. J. Reg. Sci. 2011, 51, 751-767
    • (2011) J. Reg. Sci , vol.51 , pp. 751-767
    • Bin, O.1    Poulter, B.2    Dumas, C.F.3    Whitehead, J.C.4
  • 35
    • 84974691654 scopus 로고    scopus 로고
    • Assessing the socio-economic impacts of green/blue space, urban residential and road infrastructure projects in the Confluence (Lyon): A hedonic pricing simulation approach
    • Roebeling, P.; Saraiva, M.; Palla, A.; Gnecco, I.; Teotónio, C.; Fidelis, T.; Martins, F.; Alves, H.; Rocha, J. Assessing the socio-economic impacts of green/blue space, urban residential and road infrastructure projects in the Confluence (Lyon): A hedonic pricing simulation approach. J. Environ. Plan. Manag. 2017, 60, 482-499
    • (2017) J. Environ. Plan. Manag , vol.60 , pp. 482-499
    • Roebeling, P.1    Saraiva, M.2    Palla, A.3    Gnecco, I.4    Teotónio, C.5    Fidelis, T.6    Martins, F.7    Alves, H.8    Rocha, J.9
  • 36
    • 23944459801 scopus 로고    scopus 로고
    • Hedonic price analysis of urban housing: An empirical research on Hangzhou, China
    • Wen, H.-Z.; Jia, S.-H.; Guo, X.-Y. Hedonic price analysis of urban housing: An empirical research on Hangzhou, China. J. Zhejiang Univ. 2005, 6, 907-914
    • (2005) J. Zhejiang Univ , vol.6 , pp. 907-914
    • Wen, H.-Z.1    Jia, S.-H.2    Guo, X.-Y.3
  • 37
    • 0024682388 scopus 로고
    • Hedonic Price Analysis of the Effect of a Floodplain on Property Values
    • Donnelly, W.A. Hedonic Price Analysis of the Effect of a Floodplain on Property Values. J. Am. Water Resour. Assoc. 1989, 25, 581-586
    • (1989) J. Am. Water Resour. Assoc , vol.25 , pp. 581-586
    • Donnelly, W.A.1
  • 38
    • 0141767597 scopus 로고    scopus 로고
    • Environmental determinants of housing prices: The impact of flood zone status
    • Harrison, D.T.; Smersh, G.; Schwartz, A. Environmental determinants of housing prices: The impact of flood zone status. J. Real Estate Res. 2001, 21, 3-20
    • (2001) J. Real Estate Res , vol.21 , pp. 3-20
    • Harrison, D.T.1    Smersh, G.2    Schwartz, A.3
  • 39
    • 9944229865 scopus 로고    scopus 로고
    • Effects of flood hazards on property values: Evidence before and after Hurricane Floyd
    • Bin, O.; Polasky, S. Effects of flood hazards on property values: Evidence before and after Hurricane Floyd. Land Econ. 2004, 80, 490-500
    • (2004) Land Econ , vol.80 , pp. 490-500
    • Bin, O.1    Polasky, S.2
  • 40
    • 33750109559 scopus 로고    scopus 로고
    • Real estate market response to coastal flood hazards
    • Bin, O.; Kruse, J.B. Real estate market response to coastal flood hazards. Nat. Hazards Rev. 2006, 7, 137-144
    • (2006) Nat. Hazards Rev , vol.7 , pp. 137-144
    • Bin, O.1    Kruse, J.B.2
  • 41
    • 40449115307 scopus 로고    scopus 로고
    • Flood hazards, insurance rates, and amenities: Evidence from the coastal housing market
    • Bin, O.; Kruse, J.B.; Landry, C.E. Flood hazards, insurance rates, and amenities: Evidence from the coastal housing market. J. Risk Insur. 2008, 75, 63-82
    • (2008) J. Risk Insur , vol.75 , pp. 63-82
    • Bin, O.1    Kruse, J.B.2    Landry, C.E.3
  • 42
    • 70449515418 scopus 로고    scopus 로고
    • Flooding risk and housing values: An economic assessment of environmental hazard
    • Daniel, V.E.; Florax, R.J.; Rietveld, P. Flooding risk and housing values: An economic assessment of environmental hazard. Ecol. Econ. 2009, 69, 355-365
    • (2009) Ecol. Econ , vol.69 , pp. 355-365
    • Daniel, V.E.1    Florax, R.J.2    Rietveld, P.3
  • 43
    • 77957102774 scopus 로고    scopus 로고
    • Flood prone risk and amenity values: A spatial hedonic analysis
    • Samarasinghe, O.; Sharp, B. Flood prone risk and amenity values: A spatial hedonic analysis. Aust. J. Agric. Resour. Econ. 2010, 54, 457-475
    • (2010) Aust. J. Agric. Resour. Econ , vol.54 , pp. 457-475
    • Samarasinghe, O.1    Sharp, B.2
  • 44
    • 77949306965 scopus 로고    scopus 로고
    • Flood Hazards and Urban Housing Markets: The Effects of Katrina on New Orleans
    • McKenzie, R.; Levendis, J. Flood Hazards and Urban Housing Markets: The Effects of Katrina on New Orleans. J. Real Estate Financ. Econ. 2010, 40, 62-76
    • (2010) J. Real Estate Financ. Econ , vol.40 , pp. 62-76
    • McKenzie, R.1    Levendis, J.2
  • 45
    • 70149118344 scopus 로고    scopus 로고
    • Riparian buffers and hedonic prices: A quasi-experimental analysis of residential property values in the Neuse River basin
    • Bin, O.; Landry, C.E.; Meyer, G.F. Riparian buffers and hedonic prices: A quasi-experimental analysis of residential property values in the Neuse River basin. Am. J. Agric. Econ. 2009, 91, 1067-1079
    • (2009) Am. J. Agric. Econ , vol.91 , pp. 1067-1079
    • Bin, O.1    Landry, C.E.2    Meyer, G.F.3
  • 47
    • 84877925818 scopus 로고    scopus 로고
    • Changes in implicit flood risk premiums: Empirical evidence from the housing market
    • Bin, O.; Landry, C.E. Changes in implicit flood risk premiums: Empirical evidence from the housing market. J. Environ. Econ. Manag. 2013, 65, 361-376
    • (2013) J. Environ. Econ. Manag , vol.65 , pp. 361-376
    • Bin, O.1    Landry, C.E.2
  • 48
    • 84987853144 scopus 로고    scopus 로고
    • "Living on the edge": Estimating the economic cost of sea level rise on coastal real estate in the Tampa Bay region, Florida
    • Fu, X.; Song, J.; Sun, B.; Peng, Z.-R. "Living on the edge": Estimating the economic cost of sea level rise on coastal real estate in the Tampa Bay region, Florida. Ocean Coast. Manag. 2016, 133, 11-17
    • (2016) Ocean Coast. Manag , vol.133 , pp. 11-17
    • Fu, X.1    Song, J.2    Sun, B.3    Peng, Z.-R.4
  • 49
    • 0001791734 scopus 로고
    • Hedonic prices and implicit markets: Product differentiation in pure competition
    • Rosen, S. Hedonic prices and implicit markets: Product differentiation in pure competition. J. Polit. Econ. 1974, 82, 34-55
    • (1974) J. Polit. Econ , vol.82 , pp. 34-55
    • Rosen, S.1
  • 50
    • 84954016942 scopus 로고
    • Hedonic prices, property values and measuring environmental benefits: A survey of the issues
    • Springer: London, UK
    • Freeman, A.M., III. Hedonic prices, property values and measuring environmental benefits: A survey of the issues. In Measurement in Public Choice; Springer: London, UK, 1981; pp. 13-32
    • (1981) Measurement in Public Choice , pp. 13-32
    • Freeman, A.M.1
  • 51
    • 0001298159 scopus 로고
    • An estimate of a structural hedonic price model of the housing market: An application of Rosen's theory of implicit markets
    • Witte, A.D.; Sumka, H.J.; Erekson, H. An estimate of a structural hedonic price model of the housing market: An application of Rosen's theory of implicit markets. Econom. J. Econom. Soc. 1979, 1151-1173
    • (1979) Econom. J. Econom. Soc , pp. 1151-1173
    • Witte, A.D.1    Sumka, H.J.2    Erekson, H.3
  • 52
    • 0000966482 scopus 로고
    • Simultaneity in the market for housing characteristics
    • Diamond, D.B.; Smith, B.A. Simultaneity in the market for housing characteristics. J. Urban Econ. 1985, 17, 280-292
    • (1985) J. Urban Econ , vol.17 , pp. 280-292
    • Diamond, D.B.1    Smith, B.A.2
  • 53
    • 85022000765 scopus 로고
    • Mercato delle abitazioni e valori: Il caso di Torino
    • Curto, R. Mercato delle abitazioni e valori: Il caso di Torino. Genio Rurale 1990, 5, 11-27
    • (1990) Genio Rurale , vol.5 , pp. 11-27
    • Curto, R.1
  • 56
    • 85036564607 scopus 로고    scopus 로고
    • I metodi di analisi quantitativa nell'estimo immobiliare: Una valutazione comparata
    • DEI Tipogr. Genio Civ.: Roma, Italy
    • Rosato, P.; Lisini, L. I metodi di analisi quantitativa nell'estimo immobiliare: Una valutazione comparata. In Estimo E Valutazione Metodol. E Casi Studio; DEI Tipogr. Genio Civ.: Roma, Italy, 2007; pp. 45-60
    • (2007) Estimo E Valutazione Metodol. E Casi Studio , pp. 45-60
    • Rosato, P.1    Lisini, L.2
  • 60
    • 85036560720 scopus 로고    scopus 로고
    • (accessed on 26 November 2017)
    • Comune di Venezia Distribuzione Annuale Alte e Basse Maree. Available online: http://www.comune. venezia.it/it/content/distribuzione-annuale-delle-alte-maree-110-cm (accessed on 26 November 2017)
  • 61
    • 33745461181 scopus 로고    scopus 로고
    • Simulating the mobile barrier (MOSE) operation in the Venice Lagoon, Italy: Global sea level rise and its implication for navigation
    • Umgiesser, G.; Matticchio, B. Simulating the mobile barrier (MOSE) operation in the Venice Lagoon, Italy: Global sea level rise and its implication for navigation. Ocean Dyn. 2006, 56, 320-332
    • (2006) Ocean Dyn , vol.56 , pp. 320-332
    • Umgiesser, G.1    Matticchio, B.2
  • 62
    • 77953290583 scopus 로고    scopus 로고
    • An economic assessment of the impacts of the MOSE barriers on Venice port activities
    • Vergano, L.; Umgiesser, G.; Nunes, P.A. An economic assessment of the impacts of the MOSE barriers on Venice port activities. Transp. Res. Part D Transp. Environ. 2010, 15, 343-349
    • (2010) Transp. Res. Part D Transp. Environ , vol.15 , pp. 343-349
    • Vergano, L.1    Umgiesser, G.2    Nunes, P.A.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.