Urban renewal and the value of real properties
Urban renewal and the value of real properties
Author(s): Agnieszka BiedaSubject(s): National Economy, Business Economy / Management, Rural and urban sociology
Published by: EUROREG - Uniwersytet Warszawski, Regional Studies Association - Sekcja Polska
Keywords: Local Revitalization Programme; land value map; Urban Revitalization Programme for Krakow; urban renewal; real estate value; time series
Summary/Abstract: The article aims to verify the relationship between the value of real estate and urban renewal. The analysis was conducted for undeveloped land properties traded between 2006 and 2014. In that period, a time trend was set for the real estate from the areas covered by the Local Revitalization Programmes and the areas located in their immediate vicinity. The observed trends of the changes were compared with those occurring at the same time throughout Krakow, as well as in the areas specified in the Urban Revitalization Programme for Krakow as potential revitalization complexes, for which no local revitalization programmes were eventually prepared. In addition, the author analyzed how transaction prices were distributed in space over the specific years. The obtained land value maps were compared with the records of the documents which formed the basis for the urban renewal of Krakow.
Journal: Studia Regionalne i Lokalne
- Issue Year: 18/2017
- Issue No: 69
- Page Range: 5-28
- Page Count: 24
- Language: English, Polish