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Walk Score and Energy Score - A new approach for real estate transaction analysis

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  • Michael Dinkel

Abstract

Walk score and energy score are new variables to analyize real estate transactions. The integrated accessibility indicator ìwalk scoreî is based on Google Maps and measures the walking distance between the location and amenities and is free available for every location. Recent US research ascertained that walk score is a reliable tool. But the reliability of German walk scores has not yet be proven. The energy score measures the energy efficiency in nine categories and is also a simple tool. The tool is empirically verified and more reliable than most energy efficiency certificates. The empirical research analyse the influence of both scores on residential properties in different settlement structures. Further the study inquires if both tools could be incorporated in real estate transaction analysis.

Suggested Citation

  • Michael Dinkel, 2012. "Walk Score and Energy Score - A new approach for real estate transaction analysis," ERES eres2012_385, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2012_385
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    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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