A Study of the Metro and Housing Value Interaction with Hedonic Price Model: Comparison of Ankara Batıkent and Koru Metro Stations

Fatma Erdoğanaras; Kübra Cihangir Çamur; Gülsel Satoğlu

doi:10.30785/mbud.1284843

TR EN

Metro ve Konut Değeri Etkileşiminin Hedonik Fiyat Modeli ile İncelenmesi: Ankara Batıkent ve Koru Metro İstasyonlarının Karşılaştırılması

Öz

Kentsel raylı sistemlerin emlak piyasası üzerindeki etkileri, Hedonik Fiyat Modeli kullanılarak Ankara Koru ve Batıkent Metro istasyonları çevresindeki konut fiyatları analiz edilerek incelenmiştir. Konut satış değerlerine ilişkin nicel veriler kullanılmıştır. Bulgular, orta-alt gelir grubunun yaşadığı Batıkent'teki konutların satış değerlerinin, orta-üst gelir grubunun yaşadığı Koru Metro İstasyonu'na kıyasla metro etkisi açısından daha esnek olduğunu ortaya koymaktadır. Batıkent'te, metro istasyonuna yaklaştıkça fiyatlar artmaktadır. Bu sonuçlar, metroların erişilebilirliği artırırken şehirlerdeki gelir grupları arasındaki kutuplaşmayı azaltmaya yardımcı olabileceğini göstermektedir. Hem düşük hem de yüksek gelirli bireylerin yaşadığı mahallelere metro ile erişim sağlanması, konut fiyatlarını düşük gelirli gruplar lehine artırmakta ve gelir grupları arasındaki kutuplaşmayı azaltmaktadır.

Anahtar Kelimeler

Metro istasyonları , konut fiyatları , hedonik fiyat modeli , erişilebilirlik , ulaşım planlaması

A Study of the Metro and Housing Value Interaction with Hedonic Price Model: Comparison of Ankara Batıkent and Koru Metro Stations

Abstract

The effects of urban rail systems on the real estate market were studied by analysing housing prices around Ankara Koru and Batıkent Metro Stations using the Hedonic Price Model. Quantitative data on residential sales were used. The findings reveal that sale values of residences are more elastic in term of metro effect in Batıkent, where middle-lower income groups live, compared to Koru Metro Station, where middle-upper income groups live. As the distance to the metro station decreases in Batıkent, prices increase. These results suggest that subways can help reduce polarization between income groups in cities while increasing accessibility. Providing access to neighbourhoods with both low and high-income individuals by metro increases housing prices more in favour of low-income groups and reduces income polarization between income groups.

Keywords

Metro stations , housing prices , hedonic price model , accessibility , transportation planning , urban planning

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Details

Primary Language

English

Subjects

Urban and Regional Planning

Journal Section

Research Article

Authors

Fatma Erdoğanaras ^*
0000-0002-0892-8431
Türkiye

Kübra Cihangir Çamur
0000-0003-0343-3306
Türkiye

Gülsel Satoğlu
0000-0003-4601-2034
Türkiye

Publication Date

July 31, 2023

Submission Date

April 19, 2023

Acceptance Date

May 26, 2023

Published in Issue

Year 2023 Volume: 8 Number: 1

DOI

https://doi.org/10.30785/mbud.1284843

IZ

https://izlik.org/JA29SA45CX

APA

Erdoğanaras, F., Cihangir Çamur, K., & Satoğlu, G. (2023). A Study of the Metro and Housing Value Interaction with Hedonic Price Model: Comparison of Ankara Batıkent and Koru Metro Stations. Journal of Architectural Sciences and Applications, 8(1), 161-177. https://doi.org/10.30785/mbud.1284843

A Study of the Metro and Housing Value Interaction with Hedonic Price Model: Comparison of Ankara Batıkent and Koru Metro Stations

Metro ve Konut Değeri Etkileşiminin Hedonik Fiyat Modeli ile İncelenmesi: Ankara Batıkent ve Koru Metro İstasyonlarının Karşılaştırılması

Öz

Anahtar Kelimeler

A Study of the Metro and Housing Value Interaction with Hedonic Price Model: Comparison of Ankara Batıkent and Koru Metro Stations

Abstract

Keywords

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

Cite

Cited By

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JASA JOURNAL TAG / MBUD DERGİ KÜNYESİ