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EnglishThe paper explores the role of the buildings energy performance in the definition of the real estate market value, taking in consideration the presence of spatial auto-correlation. At this regard, it is necessary to put in evidence that a great heterogeneity exists on the Italian territory with reference to buildings energy performance; for this reason, being able to identify a class of most performing estimation models, suitable to separate the spatial effects from the influence of the building components - including the energy rating - on the value, seems to be an interesting goal. In particular, this work illustrates an experiment based on the Spatial Auto Regressive (SAR) model implemented on a sample of residential units located in the city of Turin and represents a first step of a more wide research program.
Building Energy Performance and Real Estate Market Value: an Application of the Spatial Autoregressive (SAR) Model / Bottero, MARTA CARLA; Bravi, Marina; Mondini, Giulio; Talarico, Antonio. - STAMPA. - (2017), pp. 221-230.
| Titolo: | Building Energy Performance and Real Estate Market Value: an Application of the Spatial Autoregressive (SAR) Model | |
| Autori: | ||
| Data di pubblicazione: | 2017 | |
| Titolo del libro: | Appraisal: From Theory to Practice | |
| Serie: | ||
| Abstract: | The paper explores the role of the buildings energy performance in the definition of the real est...ate market value, taking in consideration the presence of spatial auto-correlation. At this regard, it is necessary to put in evidence that a great heterogeneity exists on the Italian territory with reference to buildings energy performance; for this reason, being able to identify a class of most performing estimation models, suitable to separate the spatial effects from the influence of the building components - including the energy rating - on the value, seems to be an interesting goal. In particular, this work illustrates an experiment based on the Spatial Auto Regressive (SAR) model implemented on a sample of residential units located in the city of Turin and represents a first step of a more wide research program. | |
| ISBN: | 978-3-319-49675-7 | |
| Appare nelle tipologie: | 2.1 Contributo in volume (Capitolo o Saggio) |
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