Skip to main content

Property Evaluation for Residential Structures: A Predictive Approach Using View and Spatial Attributes

  • Conference paper
  • First Online:
Smart and Sustainable Planning for Cities and Regions (SSPCR 2017)

Part of the book series: Green Energy and Technology ((GREEN))

  • 3307 Accesses

Abstract

Computational simulation programs and analytical scientific methods are usually used to evaluate properties and structures in the city. Although such programs can help gather various information and analyze it better and more accurately than with manual methods, they usually require a huge amount of historical data on sale prices and also extensive property data. This may be somewhat complicated in developing countries where the history of sales may be hard to track for various reasons. This paper is an attempt to abstract that process by investigating the relationship between property value for residential structures and both building overlook (view) and its spatial attributes as two of the primary factors affecting property value. Property value is considered as a collective lump-sum indication of residential privileges. Spatial and view attributes are two of the main privileges which will be studied. The paper uses Space Syntax as an analytical tool for comparing the influence of each of these attributes using regression analysis.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 189.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 249.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 249.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Bafna, S. (2003). Space syntax: A brief introduction to its logic and analytical technique. Environment and Behavior, 35(1), 17–29.

    Article  Google Scholar 

  • Bell, K. (2006). World bank support for land administration and management: Responding to the challenges of the millennium development goals. Paper presented at the 23rd FIG Congress. Munich, Germany.

    Google Scholar 

  • Chiaradia, Alain J., Schwander, C., Gil, J., & Friedrich, E. (2008). Mapping the intangible value of urban layout (i-VALUL): Developing a tool kit for the socio-economic valuation of urban area, for designers and decision makers. Presented at: 9th International Conference on Design & Decision Support Systems in Architecture and Urban Planning, Eindhoven, Netherlands, 2–5 July.

    Google Scholar 

  • Del Giudice, V., Torrieri, F., & De Paola, P. (2014). Property value, urban quality and maintenance condition: A hedonic analysis in the city of Naples, Italy. Advanced Engineering Forum (Vol. 11, pp. 560–565). Switzerland: Trans Tech Publications.

    Google Scholar 

  • Hillier, B., & Hanson, J. (1984). The Social Logic of Space. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Hillier, B., Burdett, R., Peponis, J., & Penn, A. (1987), Creating life: Or, does architecture determine anything? Architecture et Comportement/Architecture and Behavior, 3(3), 233–250.

    Google Scholar 

  • Hillier, B. (1996). Space is the machine. Cambridge: Cambridge University Press.

    Google Scholar 

  • Hillier, B. (1999). The hidden geometry of deformed grids: Or why space syntax works when it looks as though it shouldn’t. Environment and Planning B: Planning and Design, 26, 169–191.

    Article  Google Scholar 

  • Hillier, B, (2014). Space syntax as a theory as well as a method, space syntax laboratory, University College London. Retrieved from http://isuf2014.fe.up.pt/Hillier.pdf

  • Jo, S. (1996). A balance between pedestrian and vehicular movement in relation to street configuration (Unpublished doctoral dissertation). Georgia Institute of Technology, Atlanta.

    Google Scholar 

  • Marcus, L. (2010). Spatial capital: A proposal for an extension of space syntax into a more general urban morphology. Journal of Space Syntax, 1(1), 30–40.

    Google Scholar 

  • Matthews, J., & Turnbull, G. (2007). Neighborhood street layout and property value: The interaction of accessibility and land use mix. Real Estate Finance and Economics, 35(2), 111–141.

    Article  Google Scholar 

  • Narvaez, L., Penn, A., & Griffiths, S. (2012a). Configurational economies: The value of accessibility in urban development, International Transaction Journal of Engineering, Management & Applied Sciences & Technologies, 3(3).

    Google Scholar 

  • Narvaez, L., Penn, A., & Griffiths, S. (2012b). Creating urban place: Re-thinking the value of residential and commercial use in urban street networks. In Space and Flows: International Conference on Urban and Extraurban Studies. Illinois: Common Ground Publishing.

    Google Scholar 

  • Owusu-Ansah, A. (2012). Examination of the determinants of housing values in urban ghana and implications for policy makers. Paper presented at the African Real Estate Society Conference, Accra, Ghana.

    Google Scholar 

  • Read, S. (2005). Flat city; A space syntax derived urban movement network model. In A. van Nes (Ed.), 5th international space syntax symposium proceedings (pp. 341–357). Amsterdam: Techne Press.

    Google Scholar 

  • Roulac, S. (2007). Brand + Beauty + Utility = Property Value. Property Management, 25(5), 428–446.

    Article  Google Scholar 

  • Unlu, A., Ozener, O., Ozden, T., & Edgu, E. (2001). An evaluation of social interactive spaces in a university building, In 3rd International Space Syntax Symposium, Atlanta: Georgia Institute of Technology.

    Google Scholar 

  • Van Nes, A. (2014). Integrating street vitality in excavated towns: Spatial configurative analyses applied to pompeii, Spatial analysis and social spaces. Interdisciplinary approaches to the interpretation of prehistoric and historic built environments (pp. 277–296). Berlin.

    Google Scholar 

  • Yi-Luen, D., & Gross, M. (1997). Tools for visual and spatial analysis of CAD models. Computer Assisted Architectural Design Futures: Kluwer Academic Publishers.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Amro Abdelalim .

Editor information

Editors and Affiliations

Appendix

Appendix

See Table 1.

Table 1 Data of selected apartments in Fayoum

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG, part of Springer Nature

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Abdelalim, A., Ismail, A. (2018). Property Evaluation for Residential Structures: A Predictive Approach Using View and Spatial Attributes. In: Bisello, A., Vettorato, D., Laconte, P., Costa, S. (eds) Smart and Sustainable Planning for Cities and Regions. SSPCR 2017. Green Energy and Technology. Springer, Cham. https://doi.org/10.1007/978-3-319-75774-2_21

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-75774-2_21

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-75773-5

  • Online ISBN: 978-3-319-75774-2

  • eBook Packages: EnergyEnergy (R0)

Publish with us

Policies and ethics