Measuring structural, location and environmental effects: A hedonic analysis of housing market in Wroclaw, Poland

This study aimed to investigate the home-buyers' preferences and assess marginal values of improvements in structural, location and environmental attributes for Wroclaw, Poland. The AMRON database of Polish Banks Association is used with observations between 2013-2014 years. The GIS technique is applied for implementation to the database location and environmental attributes. Results of the hedonic regression analysis for linear, semi-log and model with Box-Cox transformation give good explanatory power (adjusted R square more than 0,7). Most of structural and location attributes occurred statistically significant with expected signs of influence on prices, nevertheless analyzed environmental attributes occurred to be statistically insignificant. (C) 2016 Published by Elsevier Ltd.