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Influence of Urban Renewal on the Assessment of Housing Market in the Context of Sustainable Socioeconomic City Development
Abstract The variability of the urban environment, where the symptoms are observed in terms of spatial, aesthetic, architectural, urban and socio-economic development, seems to be relevant to the functioning of the local real estate market. Housing issue is the vital component of sustainable socioeconomic city development. The perception of the property attractiveness is determined by price-setting attributes such as: building standard, area, utilities, zoning and also location and neighbourhood. The attractiveness of the residential property is manifested in its market value. As a part of the follow-urban transformation, it seems to be important to reconstruct the impact of the neighbourhood changes on the housing market. The authors attempt to explain the ensuing problem on the example of one of the streets in a Polish city – Kalisz, which over the years has gained a new face and market image and simulate changes in the market value of selected properties located on the street, in order to map the influence of changes on the value.
Influence of Urban Renewal on the Assessment of Housing Market in the Context of Sustainable Socioeconomic City Development
Abstract The variability of the urban environment, where the symptoms are observed in terms of spatial, aesthetic, architectural, urban and socio-economic development, seems to be relevant to the functioning of the local real estate market. Housing issue is the vital component of sustainable socioeconomic city development. The perception of the property attractiveness is determined by price-setting attributes such as: building standard, area, utilities, zoning and also location and neighbourhood. The attractiveness of the residential property is manifested in its market value. As a part of the follow-urban transformation, it seems to be important to reconstruct the impact of the neighbourhood changes on the housing market. The authors attempt to explain the ensuing problem on the example of one of the streets in a Polish city – Kalisz, which over the years has gained a new face and market image and simulate changes in the market value of selected properties located on the street, in order to map the influence of changes on the value.
Influence of Urban Renewal on the Assessment of Housing Market in the Context of Sustainable Socioeconomic City Development
Palicki, Sławomir (Autor:in) / Rącka, Izabela (Autor:in)
01.01.2016
10 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
Housing market , Property value , Revitalization , Neighbourhood , Kalisz Computer Science , Artificial Intelligence (incl. Robotics) , Information Systems Applications (incl. Internet) , Computer Communication Networks , User Interfaces and Human Computer Interaction , Software Engineering , Computers and Society
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