Estimation of effects of transport accessibility on housing prices

Aleksandra Sidorovykh ()
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Aleksandra Sidorovykh: Higher School of Economics (Perm), Russia

Applied Econometrics, 2015, vol. 37, issue 1, 43-56

Abstract: The paper analyzes the key determinants of real estate prices in Perm, with special attention to transport accessibility indicators. The issue of transport accessibility modeling is discussed. The valuation of price hedonic model revealed that housing prices in Perm are affected mostly by the area of the apartment, the fact of its location on the first floor, number of public transport routes in the district, and time to the city centre.

Keywords: real estate; transport accessibility; linear regression (search for similar items in EconPapers)
JEL-codes: C21 R20 R40 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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