How different home styles are valued in the Salt Lake City market
Name
54762355-MIT.pdf
Description
Full printable version
Size
10.03 MB
Format
Adobe PDF
Checksum (MD5)
e9c543a86add59f854edcb05dbf63ab0
Author(s)
Peterson, Barrett, 1976-
Advisor(s)
Henry O. Pollakowski.
Date Issued
2003
Publisher
Massachusetts Institute of Technology
Abstract
This thesis focuses on market valuation of attributes of single family housing in the Salt Lake City market. Using data from different sub-regions of Salt Lake County, this paper addresses the question of buyer demand with respect to home style. Using hedonic regression analysis, the thesis explores the premium or discount associated with different styles of homes. Analyzing the hedonic results in the context of the current housing stock in the Salt Lake Area provides interesting insights into how rambler, two-story, splitentry and tri-level homes are valued. The hedonic model shows that buyers pay a premium for ramblers across the different sub areas of Salt Lake City. Given this premium, the thesis explores what the optimal mix of home style might be in the two areas where considerable developable land remains.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Architecture, 2003.
Includes bibliographical references (leaf 97).
Subjects
Architecture.
MIT Department
Massachusetts Institute of Technology. Department of Architecture
Terms of Use
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