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An Application of the Market Comparison Approach for Assessing the Natural Component Incidence on the Housing Prices

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Science of Valuations

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

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Abstract

The technological and industrial development impacts on the climate and natural environment leading the European Commission to promote strategic actions aimed at (i) reducing the amount of permeable surface area, and (ii) increasing the presence of green areas in urbanised contexts. With reference to a residential properties sold in the local real estate market in the first half of 2019 and located in a specific municipal trade area of the Rome city in Italy, the work aims to determine the average incidence of the natural component on housing prices. In particular, the determination of the incidence of the considered set of variables is assessed through the Market Comparison Approach application which, due to its simplicity of use, is well suited to be adopted by evaluators for assessing and testing importance of including the green elements in the built environment and the achievement of the sustainable goals set by the Agenda 2030.

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Author information

Authors and Affiliations

  1. Department of Architecture and Design, Sapienza University of Rome, Via Flamina 359, 00196, Rome, Italy

    Maria Rosaria Guarini & Francesco Sica

  2. Department of Civil, Environmental, Land, Building Engineering and Chemistry (DICATECh), Polytechnic University of Bari, Via Orabona 4, 70125, Bari, Italy

    Debora Anelli & Pierluigi Morano

Authors
  1. Maria Rosaria Guarini
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  2. Francesco Sica
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  3. Debora Anelli
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  4. Pierluigi Morano
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Contributions

M.R.G., P.M., F.S., D.A. have conceived, structured and written the article together, as well as they have deepened review and editing the proposed article. In particular, have made the: Conceptualization, M.R.G. and F.S.; data curation, F.S., and D.A.; formal analysis, M.R.G. and F.S.; investigation, M.R.G., F.S. and D.A.; methodology, M.R.G and F.S.; resources, F.S. and D.A. supervision, M.R.G. and P.M.; validation, M.R.G., P.M. and F.S.; visualization, M.R.G., F.S. and D.A.; writing—original draft, M.R.G., F.S. and D.A; writing—review and editing, M.R.G., F.S. and D.A.. All authors have read and agreed to the published version of the manuscript.

Corresponding author

Correspondence to Maria Rosaria Guarini .

Editor information

Editors and Affiliations

  1. Department of Civil Engineering & Architecture, University of Catania, Catania, Italy

    Salvatore Giuffrida

  2. Department of Civil Engineering & Architecture, University of Catania, Catania, Italy

    Maria Rosa Trovato

  3. DIA, University of Trieste, Trieste, Italy

    Paolo Rosato

  4. Rome, Italy

    Enrico Fattinnanzi

  5. DASTU, Politecnico di Milano, Milano, Italy

    Alessandra Oppio

  6. DASTU, Politecnico di Milano, Milano, Italy

    Simona Chiodo

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Guarini, M.R., Sica, F., Anelli, D., Morano, P. (2024). An Application of the Market Comparison Approach for Assessing the Natural Component Incidence on the Housing Prices. In: Giuffrida, S., Trovato, M.R., Rosato, P., Fattinnanzi, E., Oppio, A., Chiodo, S. (eds) Science of Valuations. Green Energy and Technology. Springer, Cham. https://doi.org/10.1007/978-3-031-53709-7_20

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  • DOI: https://doi.org/10.1007/978-3-031-53709-7_20

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-53708-0

  • Online ISBN: 978-3-031-53709-7

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