Measuring Highway Impacts on House Prices Using Spatial Regression
Measuring Highway Impacts on House Prices Using Spatial Regression
复制标题
使用空间回归测量高速公路对房价的影响
DOI：
10.1080/10835547.2015.12091876
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发表时间：
2015
期刊：
影响因子：
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通讯作者：
Mushfiq Swaleheen
中科院分区：
文献类型：
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作者：
M. Allen;Grant W. Austin;Mushfiq Swaleheen
普遍接受的真实的房地产估价理论，通过大量的实证证据，支持高速公路附近的住宅物业价格的显着影响的概念。邻近高速公路的房屋暴露于潜在增加的交通噪音，尽管这些房主可能受益于高速公路系统的可达性增加。这项研究是由一个大规模的新公路建设项目（25英里，耗资15亿美元，为期九年），将完成一个110英里的环城公路周围的奥兰多，佛罗里达大都市区。利用现有高速公路附近房屋的观察价格，这项研究提供了新的高速公路对该市场中计划和现有房屋的潜在影响的见解。结果表明，显着的价格折扣的房屋附近的高速公路，高交通量的高速公路附近的房屋，以及房屋远离高速公路上的坡道，但没有显着的影响，从房屋到高速公路或声屏障墙的距离。
Generally accepted real estate valuation theory, augmented by ample empirical evidence, supports the notion of significant impacts on prices of residential properties near highways. Houses adjacent to highways are exposed to potentially increased traffic noise, although these homeowners may benefit from increased accessibility to highway systems. This study is prompted by a massive new highway construction project (25 miles at a cost of $1.5 billion over a nine-year period) that will complete a 110-mile beltway around the Orlando, Florida metropolitan area. Using observed prices of houses near existing highways, this study provides insights into the potential effects of the new highway on planned and existing houses in this market. The results indicate significant price discounts for houses adjacent to highways, houses near high-traffic highways, and houses farther from highway on-ramps, but no significant impact related to distances from houses to highways or sound barrier walls.