GIS-Based Simulation of Accessibility to Enhance Hedonic Modeling and Property Value Appraisal: An Application to Quebec City Metropolitan Area
AbstractThis paper presents a simulation procedure that uses GIS technology for integrating accessibility to services and working places in order to improve modeling of houses values. Most real estate models use simple functions of distance to CBD in order to evaluate access to services and centrality. However, cities are complex systems. Secondary business centers appear. Shopping malls are disseminated. And, daily services are often located in the neighborhoods.
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Bibliographic InfoPaper provided by Laval - Faculte des sciences de administration in its series Papers with number 99-011.
Length: 9 pages
Date of creation: 1999
Date of revision:
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Postal: Canada; Universite Laval, Faculte des sciences de l'administration. Pavillon des sciences de l'administration. Universite laval, Quebec, Canada G1K 7P4
Phone: (418) 656-2180
Web page: http://www.fsa.ulaval.ca/
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HOUSING ; ECONOMIC MODELS ; URBAN AREAS;
Find related papers by JEL classification:
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
- R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
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- LE GALLO, Julie, 2000. "Econométrie spatiale 2 -Hétérogénéité spatiale," LATEC - Document de travail - Economie (1991-2003) 2001-01, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
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