Impact of the Apartment’s Window Exposure to World Directions on Transaction Price
The purpose of the study is to econometrically estimate the effect of the direction of window exposure on the unit price of housing. The research hypothesis according to which the exposure of windows to the east increases the unit price of apartments is verified, and is based on observations of the...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2024-12-01
|
| Series: | Real Estate Management and Valuation |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/remav-2024-0034 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1846096796492759040 |
|---|---|
| author | Bas Marcin |
| author_facet | Bas Marcin |
| author_sort | Bas Marcin |
| collection | DOAJ |
| description | The purpose of the study is to econometrically estimate the effect of the direction of window exposure on the unit price of housing. The research hypothesis according to which the exposure of windows to the east increases the unit price of apartments is verified, and is based on observations of the market for units in buildings with exposure to two sides of the world (east and west). Research into the various characteristics that affect real estate prices is being conducted around the world. The main focus is on the impact of features which we are certain about, i.e. date, area, number of rooms, etc., i.e. non-contentious and reasonably easy to identify as to the condition of the feature. The results of the study are to capture certain regularities that will give a glimpse of how the exposure of the apartment’s windows to a given direction of the world affected prices. Through the implementation of the survey, it can be determined whether a particular side of the world is better perceived by buyers. The study was conducted on data 2015-2023 in one of Poland’s largest cities - Szczecin, where the exposure of the windows of the apartments was to the east or west. |
| format | Article |
| id | doaj-art-8f5241bc915e4166adab5504cbfc58c7 |
| institution | Kabale University |
| issn | 2300-5289 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Real Estate Management and Valuation |
| spelling | doaj-art-8f5241bc915e4166adab5504cbfc58c72025-01-02T05:59:44ZengSciendoReal Estate Management and Valuation2300-52892024-12-01324445410.2478/remav-2024-0034Impact of the Apartment’s Window Exposure to World Directions on Transaction PriceBas Marcin0University of Szczecin, Aleja Papieża Jana Pawła II 22A, 70-453Szczecin, PolandThe purpose of the study is to econometrically estimate the effect of the direction of window exposure on the unit price of housing. The research hypothesis according to which the exposure of windows to the east increases the unit price of apartments is verified, and is based on observations of the market for units in buildings with exposure to two sides of the world (east and west). Research into the various characteristics that affect real estate prices is being conducted around the world. The main focus is on the impact of features which we are certain about, i.e. date, area, number of rooms, etc., i.e. non-contentious and reasonably easy to identify as to the condition of the feature. The results of the study are to capture certain regularities that will give a glimpse of how the exposure of the apartment’s windows to a given direction of the world affected prices. Through the implementation of the survey, it can be determined whether a particular side of the world is better perceived by buyers. The study was conducted on data 2015-2023 in one of Poland’s largest cities - Szczecin, where the exposure of the windows of the apartments was to the east or west.https://doi.org/10.2478/remav-2024-0034housing marketorientationwindow viewc31c51r31 |
| spellingShingle | Bas Marcin Impact of the Apartment’s Window Exposure to World Directions on Transaction Price Real Estate Management and Valuation housing market orientation window view c31 c51 r31 |
| title | Impact of the Apartment’s Window Exposure to World Directions on Transaction Price |
| title_full | Impact of the Apartment’s Window Exposure to World Directions on Transaction Price |
| title_fullStr | Impact of the Apartment’s Window Exposure to World Directions on Transaction Price |
| title_full_unstemmed | Impact of the Apartment’s Window Exposure to World Directions on Transaction Price |
| title_short | Impact of the Apartment’s Window Exposure to World Directions on Transaction Price |
| title_sort | impact of the apartment s window exposure to world directions on transaction price |
| topic | housing market orientation window view c31 c51 r31 |
| url | https://doi.org/10.2478/remav-2024-0034 |
| work_keys_str_mv | AT basmarcin impactoftheapartmentswindowexposuretoworlddirectionsontransactionprice |