Abstract
The Value of Design in Real Estate Asset Pricing
Highlights
What are the value drivers for a building? This is an important question for disciplines within the built environment associated with the design and development of buildings, as 50% of our building stock is actively traded in the real estate market
While New York City has a rich database in the built environment, little information exists on the subject of design, especially on design features examined from an architectural perspective
We examined the impact of architectural design features upon building valuation
Summary
What are the value drivers for a building? This is an important question for disciplines within the built environment associated with the design and development of buildings, as 50% of our building stock is actively traded in the real estate market. The variables generally used to measure differentiated value are crude and abstract, such as building size, age, number of stories, status of renovation, location and proximity to the Central Business District (CBD) [2], it is the basis behind appraisal analysis and asset valuation econometrics. These building and neighborhood features describe only the simplest building elements and their context, which have already been specified as guidelines prior to the design of the physical structure
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
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
