The influence of urban landscape spatial patterns on single-family housing prices

Abstract

Many empirical studies assessing the economic benefits of urban green space have continually documented that green space tends to increase both value and sale price of nearby residential properties. Previous studies, however, have not fully captured the quality of neighborhood level landscape spatial patterns on housing prices. To fill this literature gap, this study examined the association between landscape spatial patterns of urban green spaces and single-family home sale transactions using a spatial regression model. The research was conducted through the analysis of 11,326 housing transaction records from 2010 to 2012 in Austin, TX, USA. Variables measuring the structural, locational and neighborhood characteristics of housing were coupled with Geographic Information Systems, remote sensing and FRAGSTATS to calculate several landscape indices measuring the quality of existing landscape spatial patterns. After controlling for any spatial autocorrelation effects, we found that that larger tree and urban forest areas surrounding single-family homes positively contributed to property values, while more fragmented, isolated and irregularly shaped landscape spatial patterns resulted in the inverse. The results of this research increase awareness of the role of urban green spaces while informing community design/planning practices about the linkages between landscape spatial structure and economic benefits.

The Effect of Urban Green Spaces on House Prices in Warsaw

“…Hendon (1971) and Zygmunt and Gluszak (2015). Other studies show the impact of green areas on single-family house prices (Anderson & Cordell, 1998;Anderson, 2000;Dombrow, Rodriguez, & Sirmans, 2000;Luttik, 2000;Des Rosiers, Thériault, Kestens, & Villeneuve, 2002;Conway, Li, Wolch, Kahle, & Jerrett, 2010;Bark, Osgood, Colby, & Halper, 2011;Kim, Li, Newman, Kil, & Park, 2016). In the case of single-family houses, when the plot area is large (a garden may be treated as private leisure space), the influence of parks on the price is small.…”

Análisis de precios hedónicos de viviendas

“…(Welch et al, 2016) investigated the influence of the access to bike lanes and the proximity of public transport. Other works studied the effects of accessibility and location, with elements regarding the distance from highways (Allen et al, 2015), the accessibility in general (Li et al, 2016) and easy access and safety for people who walk in the neighborhood (Li et al, 2015).…”

Pola Spasial Hak Tanggungan Dalam Perkembangan Perkotaan Purwokerto

“…Sejalan dengan pendapat Sutarno & Kuncoro, (2003), investor cenderung memilih area perkotaan yang fasilitasnya lengkap dan tenaga kerja. Jumlah populasi penduduk yang meningkat dan terbatasnya ketersediaan tanah mengakibatkan tingginya permintaan akan tanah untuk digunakan (Whipple, 1995) sebagai pemukiman (Beckmann, 1969;J.-H. Kim, Li, Newman, Kil, & Park, 2016;Udoka & Kpataene, 2017) industri (Jiang, Ma, Dingyang, Qinglei, & Ruijuan, 2017) dan penggunaan lainnya, hal ini tentunya berimbas pada naiknya harga tanah (Nasucha, 1995;Beukes, 2000;Sadyohutomo, 2016), yang semakin mahal (Hermit, 2009). Pada sisi lain aktivitas manusia dalam ruang membutuhkan modal yang besar untuk kegiatan pembangunan.…”

“…Hasil overlay menunjukkan ada pengelompokan kejadian hak tanggungan dan nilai tanggungan pada lokasi tertentu, dimana pengelompokan kejadian HT/Hipotek diidentifikasi terjadi pada zona peralihan. Hal ini sejalan dengan yang dijelaskan oleh Kim et al, (2016) bahwa dinamika perubahan penggunaan tanah dari tidak terbangun menjadi terbangun (lokasi pemukiman) banyak terjadi pada lokasi dengan karakteristik yang sama dengan zona peralihan (harga tanah lebih rendah, mudah diakses dari pusat kota). Literatur lain menyebutkan bahwa banyaknya investasi atau HT/Hipotek mengelompok pada pusat pertumbuhan (CBD) atau kota yang pertumbuhannya maju (Rae, 2015) dan berkorelasi positif terhadap perkembangan wilayah (Asabere et al, 2016).…”