Model of the Market Value of Apartments Including a Time Variable and Energy Features of a Building
Iwona Foryś (),
Putek-Szeląg Ewa () and
Ziembicka Beata ()
Additional contact information
Putek-Szeląg Ewa: University of Szczecin, Economic, Finance and Management Faculty, Econometrics and Statistics Department,Mickiewicza 64, 71-101Szczecin, Poland
Ziembicka Beata: Real Estate Appraisal Office, Reduty Ordona 56/1, 71-202Szczecin, Poland
Folia Oeconomica Stetinensia, 2020, vol. 20, issue 1, 117-132
Research background: The implementation of EU directives in national legislations imposes an obligation to monitor energy efficiency in every sector of the economy, including construction. In the era of energy conservation, which results from environmental requirements, as well as from constantly increasing energy prices, the energy consumption of premises and buildings becomes an important prerequisite for decision-making processes in the real estate market. There have also been changes in the provisions of the Act on Real Estate Management, which impose an obligation on the professional group of property appraisers to incorporate energy performance certificates for buildings and premises into the valuation process. Energy intensity in terms of the demand for heating of multi-family residential buildings will be the basis for the assessment of its impact on the market value of residential units.
Keywords: Real estate market analysis; energy intensity; market value (search for similar items in EconPapers)
JEL-codes: C10 R31 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:20:y:2020:i:1:p:117-132:n:7
Access Statistics for this article
Folia Oeconomica Stetinensia is currently edited by Waldemar Tarczyński
More articles in Folia Oeconomica Stetinensia from Sciendo
Bibliographic data for series maintained by Peter Golla ().