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The Effects of Subdivision Design on Housing Values: The Case of Alleyways

Author

Listed:
  • Randall S. Guttery

    (University of Texas, Denton, TX 76203-5339)

Abstract

Subdivision design likely impacts residential housing values. This study examines the sale prices of houses located in subdivisions utilizing rear-entry alleyways in the Greater Dallas-Fort Worth-Denton metroplex. Regression analysis on a sample of 1,672 home sales, some of which are located on alleyways, reveals statistically significant impacts. Consequently, developers, appraisers, New Urbanists and other real estate participants should consider subdivision design when estimating value for residential dwellings.

Suggested Citation

  • Randall S. Guttery, 2002. "The Effects of Subdivision Design on Housing Values: The Case of Alleyways," Journal of Real Estate Research, American Real Estate Society, vol. 23(3), pages 265-274.
    • Handle: RePEc:jre:issued:v:23:n:3:2002:p:265-274
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    References listed on IDEAS

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    Cited by:

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    2. Marco Helbich, 2015. "Do Suburban Areas Impact House Prices?," Environment and Planning B, , vol. 42(3), pages 431-449, June.
    3. Chang, Chuang-Chang & Chao, Ching-Hsiang & Yeh, Jin-Huei, 2016. "The role of buy-side anchoring bias: Evidence from the real estate market," Pacific-Basin Finance Journal, Elsevier, vol. 38(C), pages 34-58.
    4. Song, Yan & Knaap, Gerrit-Jan, 2003. "New urbanism and housing values: a disaggregate assessment," Journal of Urban Economics, Elsevier, vol. 54(2), pages 218-238, September.
    5. Nan-Yu Wang & Jen-Yu Lee & Chih-Jen Huang, 2022. "The Effect of the Principal Component Index for Housing Quality Satisfaction on Housing Price: Urban vs. Rural Analysis," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 14(10), pages 1-63, October.
    6. Damrongsak Rinchumphu & Chris Eves & Connie Susilawati, 2013. "Brand Value of Property in Bangkok Metropolitan Region (BMR), Thailand," International Real Estate Review, Global Social Science Institute, vol. 16(3), pages 296-322.
    7. Charles C. Tu, 2005. "How Does a New Sports Stadium Affect Housing Values? The Case of FedEx Field," Land Economics, University of Wisconsin Press, vol. 81(3).
    8. Jerzak, Connor T. & Libgober, Brian, 2020. "The impact of a transportation intervention on electoral politics: Evidence from E-ZPass," Research in Transportation Economics, Elsevier, vol. 80(C).

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    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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