Abstract

Recently, the issue of commuting safety for elementary school students is emerging, and research on this issue is necessary. However, research on the elementary school commuting environment has been mainly focused on accessibility through the straight-line distance between home and school, studies on the effect of microscopic commuting environment on housing prices are insufficient. Therefore, the purpose of this study is to analyze the effect of microscopic elementary school commuting environment on housing price. For this purpose, multiple regression analysis was used with the commuting environment as the independent variables and the housing price per unit area as the dependent variable. The subjects of the study were 324 apartment buildings in 27 apartment complexes in Mok-dong and Cheonggye-dong, Hwaseong-si, which have the highest ratio of elementary school students to the population. For the analysis data, 882 houses for sale registered in Naver real estate platform from July 16, 2021 to July 21, 2021 were used. The analysis results are summarized as follows. First, as the walking distance to the school increased, the housing price decreased. Second, if crossings were necessary for commuting to elementary school, housing prices decreased. Third, the wider the road to cross when commuting to school, the lower the housing price. Fourth, if a bicycle road with high bicycle speed exists in the commuter road, the housing price decreased. Summarizing these results, the microscopic elementary school commuting environment affects housing prices. In particular, variables related to traffic safety have a great influence on housing prices, and this should be considered in the site planning and apartment building arrangement process.

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