Factors Influencing the Value of Urban Land: Evidence from Halifax-Dartmouth, Canada |
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| Authors: | Paul K. Asabere Barrie Harvey |
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| Affiliation: | Assistant Professor of Finance, Saint Mary's University, Halifax, Nova Scotia, Canada B3H 3C3.;Student Research Assistant, Saint Mary's University, Halifax, Nova Scotia, Canada. |
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| Abstract: | This study is a hedonic analysis of land values for Halifax-Dartmouth, Canada. The study has demonstrated that conventional, well-known urban explanatory variables such as zoning, lot size, centrality, neighborhood, and so on, found to determine values in the United States also work for a typical Canadian land market. The findings on effects of lot shape, and high traffic (in combination with other than single-family residential zones) is particularly interesting. |
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