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:: Volume 1, Issue 3 (7-2013) ::
IUEAM 2013, 1(3): 33-43 Back to browse issues page
An Investigation into Effective Factors Deciding Urban Housing Prices via Hedonic Pricing Model (The Case of District 2 of the City of Sanandaj)
Arman Rahimi Kakejoub 1, Ali Asghar Eisalou 1, Hassan Mohammadian Mosammam 2, Akbar Rahmati 3
1- M. A. in Urban Planning Engineering, Faculty of Art and Architecture University of Kurdistan, Kurdistan, Iran
2- Ph.D. Candidate of Geography and Urban Planning, Faculty of Earth Sciences Shahid Beheshti University, Tehran, Iran
3- M. A. Student of Geography and Urban Planning, Faculty of Earth Sciences Shahid Beheshti University, Tehran, Iran
Abstract:   (5222 Views)

Houses, as heterogeneous, lasting, immovable, capitalizable, and consumable goods, having side effects, have attracted a significant part of household budget, expenses, and gross national fixed investment and play an important role in a nation’s employment and value added. One of the most important and emphasized factors in housing issue, hence, is predicting the price and the effective factors deciding the price of houses. The current study aims at predicting the price and the effective factors deciding the price of houses utilizing Hedonic Pricing Model. To this end, the current study, via analytical-descriptive method and utilizing field research, the effective factors deciding housing prices in the district 2 of the city of Sanandaj, i.e. the research population from among whom 174 were randomly selected, were determined via Hedonic Pricing Model whereby independent variable and dependant ones were probed. The results indicated that physical factors had much more effect on determining the housing price than accessibility factors in the district 2 of the city of Sanandaj. From among physical factors, the significant factors were area of the land, the area of the building, the type of materials used, and urban gas-providing system.  

Keywords: housing, hedonic pricing, physical features of houses, accessibility factors
     
Type of Study: Research | Subject: Special
Received: 2013/06/22 | Accepted: 2013/07/29 | Published: 2013/09/22
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Rahimi Kakejoub A, Eisalou A A, Mohammadian Mosammam H, Rahmati A. An Investigation into Effective Factors Deciding Urban Housing Prices via Hedonic Pricing Model (The Case of District 2 of the City of Sanandaj). IUEAM. 2013; 1 (3) :33-43
URL: http://iueam.ir/article-1-38-en.html


Volume 1, Issue 3 (7-2013) Back to browse issues page
فصلنامه علمی-پژوهشی اقتصاد و مدیریت شهری Journal of Urban Economics and Management
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