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Factors Influencing the Value of Urban Land: Evidence from Halifax‐Dartmouth, Canada
Author(s) -
Asabere Paul K.,
Harvey Barrie
Publication year - 1985
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00359
Subject(s) - zoning , land values , centrality , value (mathematics) , land value , work (physics) , land use , geography , economics , regional science , economic geography , econometrics , agricultural economics , political science , statistics , civil engineering , mathematics , engineering , law , mechanical engineering
This study is a hedonic analysis of land values for Halifax‐Dartmouth, Canada. The study has demonstrated that conventional, well‐known urban explanatory variables such as zoning, lot size, centrality, neighborhood, and so on, found to determine values in the United States also work for a typical Canadian land market. The findings on effects of lot shape, and high traffic (in combination with other than single‐family residential zones) is particularly interesting.