How planning decisions impact real estate property values (as exemplified by Oborniki Śląskie municipality) Cover Image

Wpływ decyzji planistycznych na wartość nieruchomości (na przykładzie gminy Oborniki Śląskie)
How planning decisions impact real estate property values (as exemplified by Oborniki Śląskie municipality)

Author(s): Łukasz Damurski, Piotr Laskowski
Subject(s): Politics / Political Sciences, Economy, Governance, Public Administration
Published by: Fundacja Uniwersytetu Ekonomicznego w Krakowie
Keywords: real estate market;urban planning;value of real estate properties;Oborniki Śląskie

Summary/Abstract: Planning documents define the possible functions of particular land and therefore determine the market potential and the value of real estate properties. This paper aims to identify the relationship between the stages of the planning process and the price of property. As an example, here served Oborniki Śląskie in Lower Silesia voivodeship. The different functional areas designated in this municipality, compiling data on the number of transactions and on the average price in the purchase / sale transactions per 1 m2 of land for the last 10 years have been analysed. The results of this study show some visible changes on the real estate market that can be associated with the adoption of particular planning documents.

  • Issue Year: 2014
  • Issue No: 87
  • Page Range: 45-52
  • Page Count: 8
  • Language: Polish