The Impact of Green Areas on Dwelling Prices - the Case of Poznań City
AbstractObjective: 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.
|Journal series||Entrepreneurial Business and Economics Review, ISSN 2353-883X, e-ISSN 2353-8821, (B 12 pkt)|
|Publication size in sheets||0.5|
|Keywords in English||dwelling values; hedonic method; GIS; housing market; urban green areas|
|Score|| = 12.0, 12-12-2019, ArticleFromJournal|
= 12.0, 12-12-2019, ArticleFromJournal
|Publication indicators||= 5|
|Citation count*||11 (2021-01-25)|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.