2020
DOI: 10.3390/su12030801
|View full text |Cite
|
Sign up to set email alerts
|

The Influence of Traffic Noise on Apartment Prices on the Example of a European Urban Agglomeration

Abstract: Traffic noise is one of the key determinants of apartment prices. The real estate market is highly sensitive to adverse environmental factors, which explains significant variations in apartment prices. The aim of this study was to identify the correlations between traffic noise levels and the prices of apartments traded on a local real estate market. The study analyzed three residential districts in the city of Olsztyn in north-eastern Poland. The database covered 5259 transactions concluded in 2005–2018. The … Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

1
12
0

Year Published

2020
2020
2023
2023

Publication Types

Select...
9

Relationship

0
9

Authors

Journals

citations
Cited by 16 publications
(13 citation statements)
references
References 30 publications
1
12
0
Order By: Relevance
“…The above conclusions are confirmed by the analysis of the acoustic map and our own measurements, as well as interviews with park users. The noise level decreases with growing distance from the main noise source, i.e., the street, as also determined by Szczepańska et al in zones of municipal housing estates in Olsztyn [103].…”
Section: Discussionsupporting
confidence: 75%
“…The above conclusions are confirmed by the analysis of the acoustic map and our own measurements, as well as interviews with park users. The noise level decreases with growing distance from the main noise source, i.e., the street, as also determined by Szczepańska et al in zones of municipal housing estates in Olsztyn [103].…”
Section: Discussionsupporting
confidence: 75%
“…In order to identify the relationships between traffic noise levels and the prices of apartments located in three residential districts in the city of Olsztyn in north-eastern Poland, Szczepańska et al [44] implemented a linear correlation analysis. The negative relationship obtained confirms that a building's location relative to the road network and, consequently, the level of traffic noise, is one of the most significant factors in the potential real estate buyers' choice of property.…”
Section: Reference Literaturementioning
confidence: 99%
“…In both the academic and industry literature, attributes of healthy buildings can be categorized into 2 groups. First and foremost, healthy buildings are measured with industry IEQ attributes, such as indoor air quality (IAQ), ventilation, lighting, view, noise, heat, moisture, dust, pests, and biophilia (Grayson 2019;Allen and Macomber 2020;Simons and Throupe 2005;Benson et al 1998;Benjamin et al 2001;Lee and Yoo 2020;Szczepańska et al 2020;Hamilton et al 2016;Kuehnel and Moeckel 2020;Kim et al 2007). The second category of attributes revolve around design (interior layout), active design, look and feel, amenities, location, etc.…”
Section: Measuring Healthy Building Attributes In Real Estate Marketmentioning
confidence: 99%
“…Some nascent research links one or a few specific features of IEQ to higher rental or asset price premiums and higher willingness to pay (Pivo and Fisher 2011;Simons and Throupe 2005;Benson et al 1998;Hardin and Cheng 2003;Benjamin et al 2001;Lee and Yoo 2020;Szczepańska et al 2020Hamilton et al 2016Kuehnel and Moeckel 2020;Kim et al 2007). However, those empirical studies only focus on one specific IEQ feature at a specific time and in a specific setting, such as indoor air quality, acoustics, light quality, view or safety.…”
Section: Real Estate Value Premiums For Healthy Buildingsmentioning
confidence: 99%