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A Statistical Meta-analysis of the Design Components of New Urbanism on Housing Prices
- Title
- A Statistical Meta-analysis of the Design Components of New Urbanism on Housing Prices
- Authors
- Park, Yunmi; Huang, Shih-Kai; Newman, Galen D.
- Ewha Authors
- 박윤미
- SCOPUS Author ID
- 박윤미
- Issue Date
- 2016
- Journal Title
- JOURNAL OF PLANNING LITERATURE
- ISSN
- 0885-4122
1552-6593
- Citation
- JOURNAL OF PLANNING LITERATURE vol. 31, no. 4, pp. 435 - 451
- Keywords
- new urbanism; meta-analysis; density; mixed land use; street connectivity; transit proximity; housing price; hedonic modeling
- Publisher
- SAGE PUBLICATIONS INC
- Indexed
- SSCI; SCOPUS
- Document Type
- Article
- Abstract
- The principles of New Urbanism such as increased density, mixed land uses, and street connectivity are often recommended in response to the typical conditions of suburban developments. Much current empirical research has begun to test whether these principles can increase property values. The findings of these studies have, however, been quite inconsistent. This research attempts to quantitatively synthesize these conflicting findings through a statistical meta-analysis. This study finds that a lower density, decreased street connectivity, and a closer proximity to a transit stop can contribute to increased housing premiums, while mixed land uses are not shown to always do so.
- DOI
- 10.1177/0885412216667898
- Appears in Collections:
- 공과대학 > 건축도시시스템공학과 > Journal papers
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