This paper looks at the impact of the commuter rail transit (CRT) system that serves the Montreal North Shore area, Quebec, Canada, on the market value of single-family houses located nearby four stations along the Montreal/Saint-JÈrÙme route. The research rests upon a combination of...

This paper investigates the possibility of accounting for market heterogeneity within the hedonic price equation using a nested model. Using a predefined definition of submarkets, different specifications of the hedonic price equation are estimated for Quebec City, Canada. If the options...

This study aims at testing whether, and to what extent, chain affiliation within regional and super-regional shopping centers affects store rent levels. In this paper, based on the hedonic methodology, international, national, provincial as well as local chains are considered together with...

Although the hedonic framework can be said to vary substantially from the traditional sales comparison approach used in real estate appraisal in that the former rests on much stronger conceptual grounds than the latter while benefitting from large transaction samples that enable statistical...

This study aims primarily at testing whether, and to what extent, retail concentration within regional and super-regional shopping centers affect rent levels, as well as the differential impact it may exert for various goods categories and sub-categories and in different urban contexts. In this...

This study aims primarily at testing whether, and to what extent, retail concentration within regional and super-regional shopping centers affects rent levels as well as the differential impact it may exert for various goods categories and sub-categories and in different urban contexts. In this...

Evaluating the impact of public mass transit systems on real-estate values is an important application of the hedonic price model (HPM). Recently, a mathematical transformation of this approach has been proposed to account for the potential omission of latent spatial variables that may...

Since the mid 1970s, the impact of nearby schools on property values has been a major theme in the North-American literature, with most studies focusing on the influence of school quality. To a lesser extent, the impact proximity to school exerts on house prices has also been investigated...

This paper documents the issue of territorial income disparities at a small spatial scale, which are often more marked than at larger scales. It assesses, by means of multiple regression analysis, the 1980-2000 evolution of spatial and structural factors on averages of employment income...