Access to water as a determinant of rental values: A hedonic analysis in Rwanda

Johanna Choumert-Nkolo, Jesper Stage and Claudine Uwera

No 201401, Working Papers from CERDI

Abstract: In this paper, we study the determinants of rental values in urban housing markets in Kigali, Rwanda. In particular, we study the value of access to piped water; due to the high costs associated with installing new piped connections, renting a property with an existing connection is often the only way for low income households to access piped water. Our results indicate that extending the piped network to a new house will in many cases raise the rental value of the house enough to pay for the cost of installing the new connection in less than two years.

Keywords: Africa; Rwanda; Water access; Hedonic price; Real estate; Non-market valuation (search for similar items in EconPapers)
Pages: 13
Date: 2014
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Citations: View citations in EconPapers (10)

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Related works:
Working Paper: Access to water as a determinant of rental values: A hedonic analysis in Rwanda (2015)
Working Paper: Access to water as a determinant of rental values: A hedonic analysis in Rwanda (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:cdi:wpaper:1524

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