IDEAS home Printed from https://ideas.repec.org/a/taf/jpropr/v18y2001i2p149-168.html
   My bibliography  Save this article

Size and proximity effects of primary schools on surrounding house values

Author

Listed:
  • Francois Des Rosiers
  • Antonio Lagana
  • Marius Theriault

Abstract

This paper deals with measuring the effect of both size and proximity of primary schools on surrounding residential values, using hedonics for that purpose. The data bank consists of a subset of some 4300 single-detached, owner-occupied housing units transacted all over the Quebec Urban Community territory between January 1990 and December 1991. Several functional forms are tested and up to 42 descriptors are used. Some 116 primary schools are considered in the analysis, with size ranging from 52 to 840 students. Findings tend to confirm the non-monotonicity of both the price--distance and price--size relationships with respect to primary schools. In that respect, performing a gamma transformation on either size and distance variables provides consistent estimates of critical school size and optimal distance to nearest school. The value-minimizing size is in the 300--450 pupil range while the optimal, or value-maximizing, distance is between 300 and 500 metres from the nearest school, that is, roughly, a 9--15-minute walk from home.

Suggested Citation

  • Francois Des Rosiers & Antonio Lagana & Marius Theriault, 2001. "Size and proximity effects of primary schools on surrounding house values," Journal of Property Research, Taylor & Francis Journals, vol. 18(2), pages 149-168, January.
    • Handle: RePEc:taf:jpropr:v:18:y:2001:i:2:p:149-168
    DOI: 10.1080/09599910110039905
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09599910110039905
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09599910110039905?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Des Rosier, F. & Theriault, M., 1999. "House Prices and Spatial Dependence : Towards an Integrated Procedure to Model Neighborhood," Papers 99-002, Laval - Faculte des sciences de administration.
    2. Des Rosiers, F. & Theriault, M., 1999. "House Prices and Spatial Dependence: Towards an Integrated Procedure to Model Neighborhood Dynamics," Papers 1999-2, Laval - Faculte des sciences de administration.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Yi Huang & Sandy Dall’erba, 2021. "Does Proximity to School Still Matter Once Access to Your Preferred School Zone Has Already Been Secured?," The Journal of Real Estate Finance and Economics, Springer, vol. 62(4), pages 548-577, May.
    2. Biel E. Metz, 2015. "Effect of Distance to Schooling on Home Prices," The Review of Regional Studies, Southern Regional Science Association, vol. 45(2), pages 151-171, Fall.
    3. Marius Th?riault & Fran?ois Des Rosiers and Jean Dub?, 2007. "Testing the Temporal Stability of Accessibility Value in Residential Hedonic Prices," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2007(3), pages 5-46.
    4. Jean Dubé & Diègo Legros, 2013. "Dealing with spatial data pooled over time in statistical models," Letters in Spatial and Resource Sciences, Springer, vol. 6(1), pages 1-18, March.
    5. Steve Gibbons & Stephen Machin, 2004. "Paying for primary schools: supply constraints, school popularity or congestion?," CEE Discussion Papers 0042, Centre for the Economics of Education, LSE.
    6. Georgios Kavetsos, 2012. "The Impact of the London Olympics Announcement on Property Prices," Urban Studies, Urban Studies Journal Limited, vol. 49(7), pages 1453-1470, May.
    7. Sonia Yousfi & Jean Dubé & Diègo Legros & Sotirios Thanos, 2020. "Mass appraisal without statistical estimation: a simplified comparable sales approach based on a spatiotemporal matrix," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(2), pages 349-365, April.
    8. Angela Stefania Bergantino & Antonella Biscione & Annunziata de Felice & Francesco Porcelli & Riccardo Zagaria, 2022. "Kindergarten Proximity and the Housing Market Price in Italy," Economies, MDPI, vol. 10(9), pages 1-16, September.
    9. Chris Taylor & Stephen Gorard, 2001. "The Role of Residence in School Segregation: Placing the Impact of Parental Choice in Perspective," Environment and Planning A, , vol. 33(10), pages 1829-1852, October.
    10. Ti-Ching Peng & Ying-Hui Chiang, 2015. "The non-linearity of hospitals' proximity on property prices: experiences from Taipei, Taiwan," Journal of Property Research, Taylor & Francis Journals, vol. 32(4), pages 341-361, December.
    11. Theisen, Theis, 2020. "The impact of an urban toll ring on housing prices," Research in Transportation Economics, Elsevier, vol. 82(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. GLUMAC Brano & HERRERA-GOMEZ Marcos & LICHERON Julien, 2018. "A residential land price index for Luxembourg: Dealing with the spatial dimension," LISER Working Paper Series 2018-07, Luxembourg Institute of Socio-Economic Research (LISER).
    2. Julie Le Gallo, 2004. "Hétérogénéité spatiale : principes et méthodes," Économie et Prévision, Programme National Persée, vol. 162(1), pages 151-172.
    3. Glumac, Brano & Herrera-Gomez, Marcos & Licheron, Julien, 2019. "A hedonic urban land price index," Land Use Policy, Elsevier, vol. 81(C), pages 802-812.
    4. Julie Le Gallo, 2000. "Spatial econometrics (2, Spatial heterogeneity) [Econométrie spatiale (2, Hétérogénéité spatiale)]," Working Papers hal-01526969, HAL.
    5. Francois Des Rosiers & Marius Thériault & Paul-Y Villeneuve & Yan Kestens, 2001. "Isolating Spatial from A-spatial Components of Housing Attributes Using Kriging Techniques," ERES eres2001_149, European Real Estate Society (ERES).
    6. Lawrence W C Lai & Kwong Wing Chau & Daniel C W Ho & Veronica Y Y Lin, 2006. "Impact of Political Incidents, Financial Crises, and Severe Acute Respiratory Syndrome on Hong Kong Property Buyers," Environment and Planning B, , vol. 33(3), pages 413-433, June.
    7. 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.
    8. François Des Rosiers & Marius Thériault & Yan Kestens & Paul Villeneuve, 2002. "Landscaping and House Values: An Empirical Investigation," Journal of Real Estate Research, American Real Estate Society, vol. 23(1/2), pages 139-162.

    More about this item

    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:taf:jpropr:v:18:y:2001:i:2:p:149-168. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RJPR20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.