Determinants of residential real estate prices-the example of the city of Münster | Determinanten von Wohnimmobilienpreisen: Das Beispiel der Stadt Münster

Bohl, Martin; Michels, Winfried; Oelgemöller, Jens


Zusammenfassung
In the present article determinants of residential real estate prices are empirically estimated. The study is based on actually recorded, anonymous transactions data collected for the city of Muenster from 1999 to 2009. The observations include single-family houses, semi-detached houses, end-terrace houses, terrace houses and condominiums. The regressions do have high explanatory power and the estimated parameters are economically plausible. As expected, besides location criteria (quality of residential area, centrality) aspects of size (living space, plot size) and age are important determining factors to explain house-prices. © 2012 Springer-Verlag.



Publikationstyp
Aufsatz (Zeitschrift)

Begutachtet
Nein

Publikationsstatus
Veröffentlicht

Jahr
2012

Fachzeitschrift
Jahrbuch fur Regionalwissenschaft

Band
32

Ausgabe
2

Erste Seite
208

Seiten
193-208

Sprache
Deutsch

ISSN
01737600

DOI

Affiliierungen
Westfalische Wilhelms-Universitat Munster