The Impact of Surrounding Land Use and Vegetation on Single-Family House Prices

10.1068/b3023 ◽  
2004 ◽  
Vol 31 (4) ◽  
pp. 539-567 ◽  
Author(s):  
Yan Kestens ◽  
Marius Thériault ◽  
François Des Rosiers
2020 ◽  
Vol 12 (19) ◽  
pp. 7928
Author(s):  
Mirosław Bełej ◽  
Radosław Cellmer ◽  
Michał Głuszak

Airports in Poland are obliged to observe the sustainable development principle and therefore to reduce their environmental impact by creating so-called limited use areas (LUA) related to aircraft-generated noise. The research authors analyzed airports’ impact on the prices of single-family homes located in the vicinity of airports. The LUA is therefore defined as the area designated to study the airport’s specific impact on the single-family housing market. This is a formal limit which determines the examination of price changes and the decision-making conditions of market participants. This methodical approach is justified because no excessive noise is expected outside the LUA. Therefore, two markets in the vicinity of airports were examined. One is in an LUA which is closer to the airport, and the other market is outside the LUA where external noise effects are not present. Thus, we consider that real estate located outside the LUA is not subject to a significant negative impact from the airport. The study covered the Gdańsk Lech Walesa Airport and the Warsaw Chopin Airport in Poland in adjacent areas with the research time horizon of 2013–2017. The study examined single-family house prices. We used a time series analysis, a classic multiple regression model, a spatial autoregressive model, and geographically weighted regression models in our research. Additionally, Geographical Information System (GIS) tools were used to visualize the results of our study. The research result was to demonstrate different impact levels of airports on the prices of single-family houses located in limited-use areas in Gdańsk and Warsaw. This research carries significant implications for the general public and airports’ economic decisions in resolving conflicts between the airport and residential property owners in airports’ vicinities.


2019 ◽  
Vol 11 (2) ◽  
pp. 412 ◽  
Author(s):  
Jacek Batóg ◽  
Iwona Foryś ◽  
Radosław Gaca ◽  
Michał Głuszak ◽  
Jan Konowalczuk

In this paper, we investigate the influence of airport operation on property prices. In this research, we apply spatial hedonic regression and a difference-in-differences approach to address the introduction of new land use restrictions on property prices. We use data on housing transactions from two housing submarkets around regional airports in Poland. The results suggest that the introduction of land use restrictions impacts property prices. In general, as expected, more rigid restrictions translate into higher discounts in property prices. This research contributes to the limited knowledge on the impact of the introduction of land use restrictions on property prices, as most previous papers have focused solely on the impact of noise. These findings must be treated with caution, as some estimates were not statistically significant, mainly due to limited sample size. The research has important policy implications. Growing airports in Poland face tensions between economic and environmental sustainability. Currently, airports in Poland are obliged to limit their environmental impact by creating limited use areas related to the aircraft related noise while being responsible for property value loss related to these restrictions. As a consequence, most regional airports face significant compensations to property owners.


2020 ◽  
pp. 0739456X1989873
Author(s):  
Shishir Mathur

This study estimates households’ willingness to pay for single-family houses and condominiums/townhouses located within 2 miles of Warm Springs (WS) BART Station in Fremont, CA. The study finds that, compared to the houses sold in the control distance band (2–5 miles away), an average-priced single-family house within 2 miles of the WS BART Station was higher in price by 9 to 15 percent. The total property value increment for the single-family houses is large enough to fund the $802 million Warm Springs BART Extension Project cost five times over.


1992 ◽  
Vol 32 (4) ◽  
pp. 487-500 ◽  
Author(s):  
William T. Hughes ◽  
C. F. Sirmans

Energies ◽  
2020 ◽  
Vol 13 (20) ◽  
pp. 5476
Author(s):  
Sławomir Zator ◽  
Waldemar Skomudek

This article presents a case study of a single-family house, whose current energy source is electricity only. Nine years ago, the heat source for the heating system and domestic hot water was an oil boiler, which was changed to an air–water heat pump. Four years ago, when Poland formed the basis of the prosumer market, the first photovoltaic system was established. It was expanded in the following years. In this work are presented the impact of using a heat accumulator on the coefficient of performance of the heat pump, the self-consumption of energy from the photovoltaic system, and the cost of purchasing energy. Comparative calculations were made, with the demand-side management (DSM) active on work days, and on free days (weekends and public holidays) it was not. Attention was paid to the self-consumption factor depending on the algorithms used in an energy meter. The prosumer market in Poland was also described. The calculations described the house as having an annual energy self-consumption from photovoltaic about 6% higher than average values obtained in buildings with heat pumps. Simultaneously, due to energy storage in heat and the load shifting in the multi-zone tariff, the cost of purchasing energy was 47% lower than in a single-zone tariff (without heat storage and load shifting).


Author(s):  
Sobhy Issam ◽  
Brakez Abderrahim ◽  
Brahim Benhamou

Abstract This paper aims at identifying the impact of three retrofit scenarios of a typical single family house on its energy performance and its indoor thermal comfort in several climates. Two of these scenarios are based on the Moroccan Thermal Regulation in Constructions (RTCM) while the third is the one proposed in this study. The climates, which range from group B to group C of the Köppen climate classification. The results show that the proposed renovation scenario allows reducing the heating load by 19-42% and the cooling load by 29-60% depending on the climate. Furthermore, the RTCM retrofit scenario leads to summer overheating in all climates. One of the main reason of this overheating is the insulation of the slab-on-grade floor as this insulation increases the annual heating/cooling energy needs of the house by 6%-10%. Moreover, the cavity wall technique was found to be the best option for external walls, instead of using high thermal insulting material, in the hot climates. The analysis of the energy performance, the thermal comfort indices and the payback periods for each retrofit scenario shows that the proposed scenario presents the best thermal performance, except for the Cold climate where the RTCM scenario is the most favorable.


1987 ◽  
Vol 25 (1) ◽  
pp. 159-164 ◽  
Author(s):  
PAUL R. ALLEN ◽  
JAMES D. SHILLING ◽  
C. F. SIRMANS

2014 ◽  
Vol 7 (2) ◽  
pp. 189-203 ◽  
Author(s):  
James E. Larsen ◽  
John P. Blair

Purpose – The purpose of this study is to gauge and compare the impact of surface street traffic externalities on residential properties. Limited previous research indicates that negative externalities dominate for single-family houses. Our objective is to verify that this result applies to our sample, and to determine if the same result extends to multi-unit rental properties. Design/methodology/approach – Hedonic regression is used to analyze data from 9,680 single-family house transactions and 455 multi-unit rental properties to measure the influence of surface street traffic on the price of the two property types. Findings – Houses located adjacent to an arterial street sold at a 7.8 per cent discount, on average, compared to similar houses located on collector streets. Limiting the analysis to houses adjacent to an arterial street (where traffic counts were available), price and traffic count are negatively related. The results for multi-unit rental dwellings are dramatically different. Multi-unit properties adjacent to an arterial street sold at a 13.75 per cent premium compared to similar properties on collector streets, and when limiting the analysis to properties on arterial streets, no significant relationship was detected between price and traffic volume. Originality/value – This is the first empirical study of the influence of surface street traffic on both single-family houses and multi-unit rental residential property. Evidence is provided that traffic externalities impact the two types of properties quite differently. To the extent that this result applies to other locations, the authors suggest planners may be able to use such information to reduce the negative effect of traffic externalities on residential property associated with changes that will increase traffic flow.


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