도보거리를 활용한 신도시 내 광역버스 정류장과의 접근성이 주택가격에 미치는 영향*

Abstract

Previous studies on the relationship between accessibility to public transport and house price focused on the distance to a subway station. However, intercity buses play a paramount role in transportation before a subway line opens in a new town in the Capital Region. Therefore, it is assumed that accessibility to intercity bus would have significant impact on house price. The purpose of this study is to identify the relationship between accessibility to intercity bus stop and house price. The findings are as followed; First, it is shown that accessibility to intercity bus stop adds a great merit to apartment price. Particularly, a walking distance method has more persuasive result than a straight line distance method in terms of assumption of influence on price. Second, a radius distance model based on a non-liner relationship shows influence assumption with distance-decay only in a walking distance method. The price premium is generated for real estate located within 400m from a bus stop. A walking distance method shows a clear spatial pattern while there is no specific pattern found in a straight line method. Therefore, it is reasonable to use a walking distance in estimating influence of accessibility, rather than a physical distance.