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

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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.

Assistant of the Department of Applied Ecology

Podolskoe shosse, 8/5, Moscow, Russia, 115093


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Copyright (c) 2017 Akhmedinova K.K.

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