This report is aimed at building companies and brokers who are interested to
see how the trends in prices are on older buildings, near a new construction
project. It may be that it is easier for construction companies to get through
the planning permission if it can be shown that the new construction projects
have a positive impact on the price of existing adjacent buildings. The
study may be viewed as a pilot project where this kind of reports are rare
and probably not done before in Sweden. The model must be extended to
more areas in order to ensure the result of higher significance.
The conclusion about the study is that it is an indication of positive price
impact, but the modeling and the approach has been the central focus of the
study. It is likely to assume that in order to make a better model, even more
factors have be taken into account. For example, it is possible that when a
construction project is built, it can be improved communications to the area,
new stores can be built or similar improvements, so even such aspects would
be needed for a more rigorous study.