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Urban design quality and real estate value: in search of a methodological framework

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  • Ilir Nase
  • Jim Berry
  • Alastair Adair

Abstract

This paper presents a critical interdisciplinary examination of the interface between the urban design and real estate disciplines and provides a modus operandi for estimating different aspects of quality design. The purpose of this paper is to provide a framework for further developing hedonic modelling of real estate markets to value urban design quality. It achieves this by investigating in detail the concepts of urban design quality and real estate value, and by advocating the need for an overarching conceptual approach through the application of utility theory that provides the theoretical underpinnings of the framework.

Suggested Citation

  • Ilir Nase & Jim Berry & Alastair Adair, 2015. "Urban design quality and real estate value: in search of a methodological framework," Journal of Urban Design, Taylor & Francis Journals, vol. 20(5), pages 563-581, December.
    • Handle: RePEc:taf:cjudxx:v:20:y:2015:i:5:p:563-581
    DOI: 10.1080/13574809.2015.1071657
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    Cited by:

    1. Ilir Nase & Jim Berry & Alastair Adair, 2016. "Impact of quality-led design on real estate value: a spatiotemporal analysis of city centre apartments," Journal of Property Research, Taylor & Francis Journals, vol. 33(4), pages 309-331, October.
    2. Pablo Sáinz-Ruiz & José Ramón Martínez-Riera, 2022. "Community Assets for Health Model and Assessment Scale: A Delphi-Based Analysis and Expert Validation," IJERPH, MDPI, vol. 19(21), pages 1-19, October.
    3. Murakami, Jin & Villani, Caterina & Talamini, Gianni, 2021. "The capital value of pedestrianization in Asia's commercial cityscape: Evidence from office towers and retail streets," Transport Policy, Elsevier, vol. 107(C), pages 72-86.
    4. Pablo Alberto Sáinz-Ruiz & Javier Sanz-Valero & Vicente Gea-Caballero & Pedro Melo & Tam H. Nguyen & Juan Daniel Suárez-Máximo & José Ramón Martínez-Riera, 2021. "Dimensions of Community Assets for Health. A Systematised Review and Meta-Synthesis," IJERPH, MDPI, vol. 18(11), pages 1-20, May.

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