IDEAS home Printed from https://ideas.repec.org/a/cai/rerarc/reru_014_0605.html
   My bibliography  Save this article

L'impact des friches industrielles sur les valeurs immobilières : une application de la méthode des prix hédoniques à l'arrondissement de Lens (Nord – Pas de Calais)

Author

Listed:
  • Gwénaël Letombe
  • Bertrand Zuindeau

Abstract

The aim of this article is to assess the impact of derelict land on real property values of proximity. With this intention, we have recourse to the hedonic pricing method, of which the use with the field of the monetary evaluation of the environmental damage goes back to the end of the Sixties. The use of this method for the particular case of the derelict lands can be regarded as original. After a first part presenting the characteristics of the method, we consider an application to the territory of the district of Lens (Nord - Pas-de-Calais). Several models are tested, most interesting seeming to us to be those which integrate the effective distance into the derelict land or the possible existence of a sight on the derelict land. The results are completely significant : for example, with the model « view on the derelict land », we evaluate to 10 % approximately, the negative impact of the derelict land on the value of a house having the average characteristics. Classification JEL : D62, R21.

Suggested Citation

  • Gwénaël Letombe & Bertrand Zuindeau, 2001. "L'impact des friches industrielles sur les valeurs immobilières : une application de la méthode des prix hédoniques à l'arrondissement de Lens (Nord – Pas de Calais)," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(4), pages 605-624.
  • Handle: RePEc:cai:rerarc:reru_014_0605
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RERU_014_0605
    Download Restriction: free

    File URL: http://www.cairn.info/revue-d-economie-regionale-et-urbaine-2001-4-page-605.htm
    Download Restriction: free

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:foreco:v:28:y:2017:i:c:p:33-41 is not listed on IDEAS
    2. Papon, Francis & Nguyen-Luong, Dany & Boucq, Elise, 2015. "Should any new light rail line provide real estate gains, or not? The case of the T3 line in Paris," Research in Transportation Economics, Elsevier, vol. 49(C), pages 43-54.
    3. Laetitia Tuffery, 2016. "The recreational services value of the nearest periurban forest versus the global forest environment," Documents de recherche 16-06, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.

    More about this item

    Keywords

    hedonic prices; environment; housing market; damage; assessment; derelict land;

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:rerarc:reru_014_0605. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: http://www.cairn.info/revue-d-economie-regionale-et-urbaine.htm .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.