Approaches to accounting environmental factors in forming the price for real estate by the example of Astana

Cover Page

Abstract


Problems of the environment in the modern world have negative consequences, thereby emphasizing the urgency for today. The ecological situation, especially in large and industrial cities, is dangerous for residents of these cities due to non-compliance with environmental standards. As a consequence, one of the promising vectors of urban policy aimed at the effective use of land resources is the inclusion of environmental factors in the valuation of real estate. The cost of real estate is formed by taking into account the aggregate of physical, economic, social and administrative factors. This article is devoted to the study of environmental factors from the perspective of their influence on housing pricing. Due to low environmental education, passivity of meaningful choice, residents often acquire real estate guided only by prestige and subjective visual assessment. However, the value of environmental goods increases markedly when the environmental factor acts as a limiting factor.


About the authors

Kamila Kayratovna Akhmedinova

Peoples’ Friendship University of Russia

Author for correspondence.
Email: akhmedinovakamila@gmail.com
Podolskoe shosse, 8/5, Moscow, Russia, 115093

Assistant of the Department of Applied Ecology

References

  1. Bityukova V.R., Mahrova A.G., Sokolova E.P. Ekologicheskaya situatsiya kak faktor differentsiatsii tsen na zhile v g. Moskve [Environmental situation as a factor in the differentiation of housing prices in Moscow]. Vestnik Moskovskogo universiteta. Ser. 5. Geogr. 2006. Vol. 6. Pp. 34—41. (in Russ.)
  2. Volkov D.L. Ekonomika i finansyi nedvizhimosti [Economics and finance of real estate]. SaintPetersburg: Saint-Petersburg State University Publ., 1999. 32 pp. (in Russ.)
  3. Grehov M.A. Dissertatsiya «Razvitie kadastrovoy otsenki zemel promyishlennogo naznacheniya s uchetom ekologicheskih faktorov» [Development of cadastral valuation of industrial lands with regard to environmental factors]. M., 2015. (in Russ.)
  4. Gryaznova A.G., Fedotova M.A. Otsenka nedvizhimosti [Property valuation]. 2nd edit. M.: Finansyi i statistika Publ., 2007. (in Russ.)
  5. Dvoretskiy L.M. Primenenie gedonicheskogo metoda dlya otsenki vliyaniya ekologicheskogo faktora na stoimost nedvizhimosti v g. Moskve [The application of the hedonic method for assessing the impact of the environmental factor on the value of real estate in Moscow]. Ekonomika prirodopolzovaniya. M., 2003. Vol. 6. Pp. 55—61. (inRuss.)

Statistics

Views

Abstract - 301

PDF (Russian) - 430

Cited-By


PlumX

Dimensions


Copyright (c) 2017 Akhmedinova K.K.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies