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Analyzing location attributes with a hedonic model for apartment prices in Donetsk, Ukraine
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Real Estate Planning and Land Law.
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics.ORCID iD: 0000-0002-9944-0510
2007 (English)In: International Journal of Strategic Property Management, ISSN 1648-715X, E-ISSN 1648-9179, Vol. 11, no 3, 157-178 p.Article in journal (Refereed) Published
Abstract [en]

A hedonic model is specified for asking prices for apartments in Donetsk (Ukraine). This model is used to determine statistically significant location attributes. These attributes can be used for land assessment in a city where data on the land market are lacking. Distance gradients for CBD accessibility are investigated in different geographical directions. Separate models are created for sub-samples located inside and outside the city centre. A spatial weight matrix is used to detect spatial autocorrelation. The regression results are compared with the valuation of experts.

Place, publisher, year, edition, pages
2007. Vol. 11, no 3, 157-178 p.
Keyword [en]
Apartment prices, Donetsk, Land assessment, Location attributes, Regression
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-59616OAI: oai:DiVA.org:kth-59616DiVA: diva2:475954
Note
QC 20120120Available from: 2012-01-11 Created: 2012-01-11 Last updated: 2017-12-08Bibliographically approved

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