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2019 | OriginalPaper | Chapter

Isovalore Maps for the Spatial Analysis of Real Estate Market: A Case Study for a Central Urban Area of Reggio Calabria, Italy

Authors : Pierfrancesco De Paola, Vincenzo Del Giudice, Domenico Enrico Massimo, Fabiana Forte, Mariangela Musolino, Alessandro Malerba

Published in: New Metropolitan Perspectives

Publisher: Springer International Publishing

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Abstract

Generally, with reference to the geographical variability of real estate values, the observed variables may have non-linear relationships with the response variable. For this reason it’s possible to combine kriging techniques with additive models to obtain the geoadditive models. In this paper a geoadditive model based on penalized spline functions has been applied, in order to obtain improvements respect to usual Kriging techniques and to provide a spatial distribution of real estate unitary values for a central area of the city of Reggio Calabria (Italy). This is the first preliminary phase for the verification of the robustness of the real estate sample, or for the subsequent individuation of progressive real estate sub-samples, for to detect and to identify possible potential market premium in real estate exchange and rent markets for green buildings.

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Metadata
Title
Isovalore Maps for the Spatial Analysis of Real Estate Market: A Case Study for a Central Urban Area of Reggio Calabria, Italy
Authors
Pierfrancesco De Paola
Vincenzo Del Giudice
Domenico Enrico Massimo
Fabiana Forte
Mariangela Musolino
Alessandro Malerba
Copyright Year
2019
DOI
https://doi.org/10.1007/978-3-319-92099-3_46

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