Abstract

The objective of this study was to determine the factors affecting urban land prices in Atakum district of Samsun province, Turkey. Agricultural lands in Atakum changed to urban lands especially within the last 20 years due to increasing population and public facilities such as; roads, tram line, schools, etc. Data used in this study were collected in questionnaires on 64 land parcels sold by real estate agents in 2017. The factors affecting urban land prices were determined with Hedonic Price Analysis. The significance of model parameters was tested, and the variability of land prices was verified for the hypothesized relationships between the significant parameters and the parcel price. The significant factors affecting urban land price were distance to coast, floor area ratio, parcel size, parcel shape, distance to tram station, post office and bus station.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.