The impact of green areas on dwelling prices: the case of Poznań city
Objective: The objective of this paper is to estimate the impact of urban green areas on dwelling prices in Poznań. Research Design & Methods: In order to identify the influence of the green spaces on dwelling prices, the hedonic method was used. In the analysis, transaction prices of resident...
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| Format: | Article |
| Language: | English |
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Cracow University of Economics
2016-06-01
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| Series: | Entrepreneurial Business and Economics Review |
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| Online Access: | https://eber.uek.krakow.pl/index.php/eber/article/view/164 |
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| _version_ | 1850077234139758592 |
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| author | Radosław Trojanek |
| author_facet | Radosław Trojanek |
| author_sort | Radosław Trojanek |
| collection | DOAJ |
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Objective: The objective of this paper is to estimate the impact of urban green areas on dwelling prices in Poznań.
Research Design & Methods: In order to identify the influence of the green spaces on dwelling prices, the hedonic method was used. In the analysis, transaction prices of residential units in Poznań were used.
Findings: The application of the log-linear model allows to identify the percentage difference in the price of the same dwelling located with different distances to green areas. In case of this research, the results indicates that increase the distance from green area by one kilometer lowered the price of a dwelling by 3% in Poznań in years 2013-2015.
Implications & Recommendations: It is necessary to conduct research on impact of green areas on other types of properties. Different types of urban green areas may affect in different way.
Contribution & Value Added: The originality of this work lies in studying some aspects of influence of green areas on dwelling prices in Poland.
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| format | Article |
| id | doaj-art-32b2f66b30c0405eafd387b434cdb2c7 |
| institution | DOAJ |
| issn | 2353-8821 |
| language | English |
| publishDate | 2016-06-01 |
| publisher | Cracow University of Economics |
| record_format | Article |
| series | Entrepreneurial Business and Economics Review |
| spelling | doaj-art-32b2f66b30c0405eafd387b434cdb2c72025-08-20T02:45:50ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-88212016-06-014210.15678/EBER.2016.040203135The impact of green areas on dwelling prices: the case of Poznań cityRadosław Trojanek0Poznań University of Economics Objective: The objective of this paper is to estimate the impact of urban green areas on dwelling prices in Poznań. Research Design & Methods: In order to identify the influence of the green spaces on dwelling prices, the hedonic method was used. In the analysis, transaction prices of residential units in Poznań were used. Findings: The application of the log-linear model allows to identify the percentage difference in the price of the same dwelling located with different distances to green areas. In case of this research, the results indicates that increase the distance from green area by one kilometer lowered the price of a dwelling by 3% in Poznań in years 2013-2015. Implications & Recommendations: It is necessary to conduct research on impact of green areas on other types of properties. Different types of urban green areas may affect in different way. Contribution & Value Added: The originality of this work lies in studying some aspects of influence of green areas on dwelling prices in Poland. https://eber.uek.krakow.pl/index.php/eber/article/view/164urban green spacehedonic methods |
| spellingShingle | Radosław Trojanek The impact of green areas on dwelling prices: the case of Poznań city Entrepreneurial Business and Economics Review urban green space hedonic methods |
| title | The impact of green areas on dwelling prices: the case of Poznań city |
| title_full | The impact of green areas on dwelling prices: the case of Poznań city |
| title_fullStr | The impact of green areas on dwelling prices: the case of Poznań city |
| title_full_unstemmed | The impact of green areas on dwelling prices: the case of Poznań city |
| title_short | The impact of green areas on dwelling prices: the case of Poznań city |
| title_sort | impact of green areas on dwelling prices the case of poznan city |
| topic | urban green space hedonic methods |
| url | https://eber.uek.krakow.pl/index.php/eber/article/view/164 |
| work_keys_str_mv | AT radosławtrojanek theimpactofgreenareasondwellingpricesthecaseofpoznancity AT radosławtrojanek impactofgreenareasondwellingpricesthecaseofpoznancity |