- -

Influence of the cadastral value of the urban land and neigh-borhood characteristics on the mean house mortgage appraisal

RiuNet: Institutional repository of the Polithecnic University of Valencia

Share/Send to

Cited by

Statistics

  • Estadisticas de Uso

Influence of the cadastral value of the urban land and neigh-borhood characteristics on the mean house mortgage appraisal

Show simple item record

Files in this item

dc.contributor.author Guadalajara Olmeda, María Natividad es_ES
dc.contributor.author Lopez, Miguel Angel es_ES
dc.contributor.author Iftimi, Adina es_ES
dc.contributor.author Usai, Antonio es_ES
dc.date.accessioned 2022-07-26T18:07:03Z
dc.date.available 2022-07-26T18:07:03Z
dc.date.issued 2021-03 es_ES
dc.identifier.uri http://hdl.handle.net/10251/184787
dc.description.abstract [EN] As house mortgage appraisal values have played a leading role in the 2007-2012 financial crisis, it is important to develop robust mass appraisal models that correctly estimate these values. The present paper intends to propose a methodology to examine the spatial distribution of house mortgage appraisal values. To do so, we analyzed the effect that these values, cadastral urban land values, characteristics of houses, and socioeconomic conditions and services in neighborhoods, have on house mortgage appraisal values in the 70 boroughs of Valencia (Spain). Econometric and spatial models were used, and variables were calculated as the mean and weighted values per boroughs. Our results showed that the hierarchy of cadastral values impacted mortgage appraisal values. Conversely, not all the boroughs-related variables influenced the mean mortgage values of houses, although some did anomalously. We conclude that the spatial error or autoregressive models provided very good fit results, which somewhat improved the ordinary least square model. Moreover, house mortgage appraisal values may be influenced by not only cadastral values but also by some district characteristics like mean family property size, vehicle age, distance from a metro station or from infant or primary education centers. es_ES
dc.language Inglés es_ES
dc.publisher MDPI AG es_ES
dc.relation.ispartof Land es_ES
dc.rights Reconocimiento (by) es_ES
dc.subject Cadastre es_ES
dc.subject Econometric models es_ES
dc.subject Externality es_ES
dc.subject Housing es_ES
dc.subject Mortgage appraisal es_ES
dc.subject Neighborhoods es_ES
dc.subject Spatial models es_ES
dc.subject Urban land es_ES
dc.subject.classification ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA es_ES
dc.title Influence of the cadastral value of the urban land and neigh-borhood characteristics on the mean house mortgage appraisal es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.3390/land10030250 es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Economía y Ciencias Sociales - Departament d'Economia i Ciències Socials es_ES
dc.description.bibliographicCitation Guadalajara Olmeda, MN.; Lopez, MA.; Iftimi, A.; Usai, A. (2021). Influence of the cadastral value of the urban land and neigh-borhood characteristics on the mean house mortgage appraisal. Land. 10(3):1-17. https://doi.org/10.3390/land10030250 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.3390/land10030250 es_ES
dc.description.upvformatpinicio 1 es_ES
dc.description.upvformatpfin 17 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 10 es_ES
dc.description.issue 3 es_ES
dc.identifier.eissn 2073-445X es_ES
dc.relation.pasarela S\429365 es_ES


This item appears in the following Collection(s)

Show simple item record