With the hedonic modelling approach, real estate values are traditionally explained using property specific descriptors and locational attributes. Until yet, few attention has been given to the impact of the buyerís or the sellerís profile or motivations. However, it appears that the...

Although the hedonic framework can be said to vary substantially from the traditional sales comparison approach used in real estate appraisal in that the former rests on much stronger conceptual grounds than the latter while benefitting from large transaction samples that enable statistical...

Since the mid 1970s, the impact of nearby schools on property values has been a major theme in the North-American literature, with most studies focusing on the influence of school quality. To a lesser extent, the impact proximity to school exerts on house prices has also been investigated...

This study aims at testing whether, and to what extent, chain affiliation within regional and super-regional shopping centers affects store rent levels. In this paper, based on the hedonic methodology, international, national, provincial as well as local chains are considered together with...

The expansion of large shopping centres and, more recently, of íbig boxî outlets and ípower centresî in North-American and West European urban areas is a major feature of the retail trade sector development. While several internal and external factors affecting retail facilities design and...

This paper looks at the impact of the commuter rail transit (CRT) system that serves the Montreal North Shore area, Quebec, Canada, on the market value of single-family houses located nearby four stations along the Montreal/Saint-JÈrÙme route. The research rests upon a combination of...

This study aims at testing whether, and to what extent, the overall quality in the supply of an urban bus service translates into higher house values for properties located along the lines. Located 150 miles east of Montreal, Quebec City, with a population of roughly 560 000 (750 000 for the...

The current piece of research is an attempt to isolate spatial from a-spatial components of housing attributes, using kriging techniques. While hedonic models have long proved their usefulness as an analytical device, previous research has shown that substantial portion of price variability...

According to the INSEE database on second-hand apartment sales, overall apartment prices in Paris have been steadily growing from the first quarter of 1998 until the first half of 2009, when they dropped by an overall 7 percent, before resuming their ascent. Between the beginning of 2010 till...

Since the second quarter of 1998, and with the exception of the 10% downturn experienced in the first half of 2009, apartment prices in Paris have been rising steadily. Their pace of growth even accelerated from early 2010 onward and, unless interest rates are raised to their historical trend...