The current piece of research is an attempt to isolate spatial from a-spatial components of housing attributes, using kriging techniques. While hedonic models have long proved their usefulness as an analytical device, previous research has shown that substantial portion of price variability...

With the hedonic modelling approach, real estate values are traditionally explained using property specific descriptors and locational attributes. Until yet, few attention has been given to the impact of the buyerís or the sellerís profile or motivations. However, it appears that the...