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The Influence Of Planning Decisions Regarding Land Evaluation Based On A Selected Local Real Estate Market

Author

Listed:
  • Foryś Iwona

    (Department of Econometrics and Statistics, University of Szczecin)

  • Putek–Szeląg Ewa

    (Department of Econometrics and Statistics, University of Szczecin)

Abstract

The article analyzes the influence of planning decisions on changes taking place on the local real estate market. Three stages of the planning process are studied in particular, i.e.: the passing of the study of conditions and directions of spatial development, the Commune Council Resolution on initiating the formulation of a local spatial development plan, and finally the Resolution on accepting the local plan, as well as the effects of these activities on the land value in a given real estate market in Stargard Szczeciński, in the West-Pomeranian (Zachodniopomorskie) Province of Poland. The object of the research is to identify the indicated relationships on a given real estate market, on which respective spatial planning stages can be distinguished, as well as the strength and course of the analyzed relationships. The study will verify the research hypothesis regarding the strength and directions of the effects of planning decisions as the direct and indirect reasons behind price changes on the real estate market. The analysis uses data from the Price Register and the District Starosty Values, along with statistical and public information data and the authors' own studies.

Suggested Citation

  • Foryś Iwona & Putek–Szeląg Ewa, 2015. "The Influence Of Planning Decisions Regarding Land Evaluation Based On A Selected Local Real Estate Market," Real Estate Management and Valuation, Sciendo, vol. 23(4), pages 62-73, December.
    • Handle: RePEc:vrs:remava:v:23:y:2015:i:4:p:62-73:n:7
    DOI: 10.1515/remav-2015-0037
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    Citations

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    Cited by:

    1. Jacek Batóg & Iwona Foryś & Radosław Gaca & Michał Głuszak & Jan Konowalczuk, 2019. "Investigating the Impact of Airport Noise and Land Use Restrictions on House Prices: Evidence from Selected Regional Airports in Poland," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    2. Jan K. Kazak & Jakub Chruściński & Szymon Szewrański, 2018. "The Development of a Novel Decision Support System for the Location of Green Infrastructure for Stormwater Management," Sustainability, MDPI, vol. 10(12), pages 1-20, November.
    3. Antczak-Stępniak Agata, 2020. "The Role of the Study of Conditions and Directions of Spatial Development of the Commune in the Growth of Developers’ Activity Based on the Łódź Example," Real Estate Management and Valuation, Sciendo, vol. 28(3), pages 65-76, September.
    4. Gluszak, Michal & Zygmunt, Robert, 2018. "Development density, administrative decisions, and land values: An empirical investigation," Land Use Policy, Elsevier, vol. 70(C), pages 153-161.
    5. Krajewska, Małgorzata & Szopińska, Kinga & Siemińska, Ewa, 2021. "Value of land properties in the context of planning conditions risk on the example of the suburban zone of a Polish city," Land Use Policy, Elsevier, vol. 109(C).

    More about this item

    Keywords

    real estate market; spatial planning; property value;
    All these keywords.

    JEL classification:

    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns

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