| Title |
Relationships between Neighborhood Walkability and Housing Prices - |
| Authors |
박효숙(Park, Hyo-Sook) ; 이우민(Lee, Woo-Min) ; 김승남(Kim, Seung-Nam) ; 이경환(Lee, Kyung-Hwan) |
| Keywords |
보행친화도, AHP분석, 보행친화지수, 주택가격 Walkability, AHPAnalysis, Walkability Index, Housing Price |
| Abstract |
The purpose of this study is to develop an index for quantitatively evaluating a neighborhood’s walkability and to analyze the correlation between the walkability index and house pricing for single- and multi-family housing residential areas in Seoul. The walkability index was composed of land use, urban type, and street environment characteristics. Specifically, the characteristics of street environment were measured by the accessibility of walk-inducing facilities, the density of walkways, the amount of walk-friendly spaces, the connectivity of walkways, and slope. The weight of each item was calculated using AHP analysis based on the questionnaire conducted by urban planning and design professionals. Subsequently, the walkability index was calculated. The results showed that residential type, residential area, density of businesses in the area, distance to subway station, distance to downtown area, Gangnam location, and the walkability index affected price of a detached, flat, and multiple-dwelling house in Seoul. In avarege, one point increase of the walkability index increased approximately 167,000 won of the housing price. |