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  4. Influence of Railroad Infrastructure on Residential Property Prices on the Example of Kórnik Municipality
 
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Influence of Railroad Infrastructure on Residential Property Prices on the Example of Kórnik Municipality

Type
Journal article
Language
English
Date issued
2022
Author
Chwiałkowski, Cyprian 
Zydroń, Adam 
Faculty
Wydział Inżynierii Środowiska i Inżynierii Mechanicznej
Journal
Rocznik Ochrona Środowiska
ISSN
1506-218X
DOI
10.54740/ros.2022.005
Web address
https://www.ros.edu.pl/index.php/en/?view=article&id=1107:2022-vol-24-en-04&catid=92:2022-vol-24-en
Volume
24
Pages from-to
54-73
Abstract (EN)
The study's primary objective was to analyze the way in which railroad infrastructure affects residential property prices on the example of the municipality of Kórnik. The analysis carried out includes 737 transactions, which were concluded in the years 2019-2021. Input data forming the basis of the study were obtained from the District Surveying and Cartographic Documentation Centre in Poznań. The most important part of the analyses conducted was performed using the Ordinary Least Squares (OLS) method and the Geographically Weighted Regression (GWR) method. The analysis helped to identify the attributes that had the most significant impact on price. The statistical tools used showed that the presence of a railroad line in the vicinity of residential properties negatively affected transaction prices. A special role in the study is also played by spatial analyses, whose priority is to increase transparency in the process of describing phenomena occurring within the real estate market.
Keywords (EN)
  • railroad infrastructure

  • property prices

  • Geographically Weighted Regressi...

License
cc-by-sacc-by-sa CC-BY-SA - Attribution-ShareAlike
Open access date
November 14, 2022
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