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• W1599434943 abstract "This paper analyses the impact of heritage-listed buildings on condominium transaction prices in Berlin, Germany. We use transaction data to test for price differentials between listed and non-listed properties and to study their impact on surrounding property prices. Proximity to built heritage is captured by distance to listed houses and indicators capturing neighborhoods with built heritage. Impact is assessed by applying a hedonic model to micro-level data and a non-parametric approach to location. While our findings suggest that listed properties do not sell at a premium or discount, heritage-listed buildings are found to have positive external effects on surrounding property prices." @default.
• W1599434943 created "2016-06-24" @default.
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• W1599434943 date "2008-01-01" @default.
• W1599434943 modified "2023-09-24" @default.
• W1599434943 title "Monument Protection: Internal and External Price Effects" @default.
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• W1599434943 doi "https://doi.org/10.2139/ssrn.1520586" @default.
• W1599434943 hasPublicationYear "2008" @default.
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