Economics at your fingertips  

Property price separation between land and building components

Unsal Ozdilek ()
Additional contact information
Unsal Ozdilek: University of Quebec

Journal of Real Estate Research, 2016, vol. 38, issue 2, 205-228

Abstract: Observed sales prices are direct references for the market value of properties, but they do not provide information about the separate values of land and building. There are different theories and methods, each one being limited in practice. This paper presents the troublesome issue of price separation and proposes a practical alternative, using detailed data from Montreal (Canada). The empirical results support the separability thesis in practice for the cases of residential properties.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323

Access Statistics for this article

Journal of Real Estate Research is currently edited by Dr. Ko Wang

More articles in Journal of Real Estate Research from American Real Estate Society American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323.
Series data maintained by JRER Graduate Assistant/Webmaster ().

Page updated 2017-09-29
Handle: RePEc:jre:issued:v:38:n:2:2016:p:205-228