IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i13p9997-d1178060.html
   My bibliography  Save this article

Green Space at New Housing Estates: Flat Price Versus Accessibility to Good Quality Greenery

Author

Listed:
  • Magdalena Szczepańska

    (Faculty of Human Geography and Planning, Adam Mickiewicz University in Poznań, 61-680 Poznań, Poland)

  • Anna Gałecka-Drozda

    (Faculty of Agronomy, Horticulture and Bioengineering, Poznań University of Life Sciences, 60-995 Poznań, Poland)

  • Agnieszka Wilkaniec

    (Faculty of Agronomy, Horticulture and Bioengineering, Poznań University of Life Sciences, 60-995 Poznań, Poland)

Abstract

Green areas positively affect human health. It applies in particular to greenery in a direct neighbourhood of the housing. We analysed new housing estates in Poznan, Poland. Greenery quality was assessed according to developed factors, based on data about the area of the greenery in comparison with the area covered by hardscapes within the site; pre-existing greenery inventories; new greenery inventories; green area functions and accessibility. In the second stage of research, we compared data about greenery quality to information concerning economic value of the statistic flat in the estate. The average area of greenery in relation to the area of the plot was 40.16% for prestigious investments and 41.62% for less prestigious ones. The median value of WU (‘Socialisation rate’ indicator designed for this research) for prestigious investments was 0.035 and for less prestigious investments it was 0.226. The research showed that the price of flats does not affect the quality of residential greenery. Less prestigious (cheaper) flats have the same or even better access and quality of greenery in the estate. Developers do not take actual actions in the field of environmental compensation, which leads to lowering of the quality of greenery and public space.

Suggested Citation

  • Magdalena Szczepańska & Anna Gałecka-Drozda & Agnieszka Wilkaniec, 2023. "Green Space at New Housing Estates: Flat Price Versus Accessibility to Good Quality Greenery," Sustainability, MDPI, vol. 15(13), pages 1-18, June.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:9997-:d:1178060
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/13/9997/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/15/13/9997/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Luca Battisti & Lauranne Pille & Thomas Wachtel & Federica Larcher & Ina Säumel, 2019. "Residential Greenery: State of the Art and Health-Related Ecosystem Services and Disservices in the City of Berlin," Sustainability, MDPI, vol. 11(6), pages 1-20, March.
    2. Giovanni Sanesi & Giuseppe Colangelo & Raffaele Lafortezza & Enrico Calvo & Clive Davies, 2017. "Urban green infrastructure and urban forests: a case study of the Metropolitan Area of Milan," Landscape Research, Taylor & Francis Journals, vol. 42(2), pages 164-175, February.
    3. Joanna Dobrzańska & Adam Nadolny & Robert Kalbarczyk & Monika Ziemiańska, 2022. "Urban Resilience and Residential Greenery—The Evidence from Poland," Sustainability, MDPI, vol. 14(18), pages 1-18, September.
    4. Mansfield, Carol & Pattanayak, Subhrendu K. & McDow, William & McDonald, Robert & Halpin, Patrick, 2005. "Shades of Green: Measuring the value of urban forests in the housing market," Journal of Forest Economics, Elsevier, vol. 11(3), pages 177-199, December.
    5. Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marta Sylla & Tadeusz Lasota & Szymon Szewrański, 2019. "Valuing Environmental Amenities in Peri-Urban Areas: Evidence from Poland," Sustainability, MDPI, vol. 11(3), pages 1-15, January.
    2. Franco, Sofia F. & Cutter, W. Bowman, 2022. "The determinants of non-residential real estate values with special reference to environmental local amenities," Ecological Economics, Elsevier, vol. 201(C).
    3. Belcher, Richard N. & Chisholm, Ryan A., 2018. "Tropical Vegetation and Residential Property Value: A Hedonic Pricing Analysis in Singapore," Ecological Economics, Elsevier, vol. 149(C), pages 149-159.
    4. Bruno Lanz & Allan Provins, 2013. "Valuing Local Environmental Amenity with Discrete Choice Experiments: Spatial Scope Sensitivity and Heterogeneous Marginal Utility of Income," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(1), pages 105-130, September.
    5. Panduro, Toke Emil & Jensen, Cathrine Ulla & Lundhede, Thomas Hedemark & von Graevenitz, Kathrine & Thorsen, Bo Jellesmark, 2018. "Eliciting preferences for urban parks," Regional Science and Urban Economics, Elsevier, vol. 73(C), pages 127-142.
    6. Tuffery, Laetitia, 2017. "The recreational services value of the nearby periurban forest versus the regional forest environment," Journal of Forest Economics, Elsevier, vol. 28(C), pages 33-41.
    7. Plant, Lyndal & Rambaldi, Alicia & Sipe, Neil, 2017. "Evaluating Revealed Preferences for Street Tree Cover Targets: A Business Case for Collaborative Investment in Leafier Streetscapes in Brisbane, Australia," Ecological Economics, Elsevier, vol. 134(C), pages 238-249.
    8. Dekkers, J. & Koomen, E., 2008. "Valuation of open space: Hedonic house price analyses in the Dutch Randstad region," Serie Research Memoranda 0024, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    9. Fabian Waltert & Felix Schlaepfer, 2007. "The role of landscape amenities in regional development: a survey of migration, regional economic and hedonic pricing studies," SOI - Working Papers 0710, Socioeconomic Institute - University of Zurich.
    10. Sofia F. Franco & W. Bowman Cutter, 2016. "The determinants of non-residential real estate values with special reference to local environmental goods," Nova SBE Working Paper Series wp603, Universidade Nova de Lisboa, Nova School of Business and Economics.
    11. Ferris, Jeffrey & David, Newburn, 2014. "Residential Development And The Effect Of Forest Conservation Policy," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170337, Agricultural and Applied Economics Association.
    12. Łaszkiewicz, Edyta & Heyman, Axel & Chen, Xianwen & Cimburova, Zofie & Nowell, Megan & Barton, David N, 2022. "Valuing access to urban greenspace using non-linear distance decay in hedonic property pricing," Ecosystem Services, Elsevier, vol. 53(C).
    13. Escobedo, Francisco J. & Adams, Damian C. & Timilsina, Nilesh, 2015. "Urban forest structure effects on property value," Ecosystem Services, Elsevier, vol. 12(C), pages 209-217.
    14. Toke Emil Panduro & Cathrine Ulla Jensen & Thomas Hedemark Lundhede & Kathrine von Graevenitz & Bo Jellesmark Thorsen, 2016. "Estimating demand schedules in hedonic analysis: The case of urban parks," IFRO Working Paper 2016/06, University of Copenhagen, Department of Food and Resource Economics.
    15. Robert Popek & Beata Fornal-Pieniak & Filip Chyliński & Magdalena Pawełkowicz & Jan Bobrowicz & Dominika Chrzanowska & Natalia Piechota & Arkadiusz Przybysz, 2022. "Not Only Trees Matter—Traffic-Related PM Accumulation by Vegetation of Urban Forests," Sustainability, MDPI, vol. 14(5), pages 1-18, March.
    16. Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
    17. Tubadji, Annie & Nijkamp, Peter, 2017. "Green Online vs Green Offline preferences on local public goods trade-offs and house prices," Socio-Economic Planning Sciences, Elsevier, vol. 58(C), pages 72-86.
    18. Emilia Janeczko & Joanna Budnicka-Kosior & Artur Dawidziuk & Małgorzata Woźnicka & Łukasz Kwaśny & Beata Fornal-Pieniak & Filip Chyliński & Anna Goljan, 2022. "Impact of Forest Landscape on the Price of Development Plots in the Otwock Region, Poland," Sustainability, MDPI, vol. 14(21), pages 1-17, November.
    19. Sander, Heather & Polasky, Stephen & Haight, Robert G., 2010. "The value of urban tree cover: A hedonic property price model in Ramsey and Dakota Counties, Minnesota, USA," Ecological Economics, Elsevier, vol. 69(8), pages 1646-1656, June.
    20. Alvaro Rodriguez-Valencia & Hernan A. Ortiz-Ramirez, 2021. "Understanding Green Street Design: Evidence from Three Cases in the U.S," Sustainability, MDPI, vol. 13(4), pages 1-18, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:9997-:d:1178060. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.