Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador

The implementation of transport projects improves access and urban mobility, influencing localization decisions of people and companies. Likewise, it generates impacts on its environment, which can be positive or negative. Among the possible impacts, fluctuations in the land values stand out. The ai...

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Asıl Yazarlar:	Hermida, Carla, Moreno, Daniel, Pacheco, Diego, Tonón, Luis, Cortés, Alejandro
Materyal Türü:	Online
Dil:	spa
Baskı/Yayın Bilgisi:	Universidad Diego Portales 2018
Online Erişim:	https://www.revista180.udp.cl/index.php/revista180/article/view/576
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id	oai:ojs.revista180.cl:article-576
record_format	ojs
institution	Universidad Diego Portales
collection	OJS
language	spa
format	Online
author	Hermida, Carla Moreno, Daniel Pacheco, Diego Tonón, Luis Cortés, Alejandro
spellingShingle	Hermida, Carla Moreno, Daniel Pacheco, Diego Tonón, Luis Cortés, Alejandro Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador
author_facet	Hermida, Carla Moreno, Daniel Pacheco, Diego Tonón, Luis Cortés, Alejandro
author_sort	Hermida, Carla
title	Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador
title_short	Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador
title_full	Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador
title_fullStr	Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador
title_full_unstemmed	Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador
title_sort	impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in cuenca, ecuador
description	The implementation of transport projects improves access and urban mobility, influencing localization decisions of people and companies. Likewise, it generates impacts on its environment, which can be positive or negative. Among the possible impacts, fluctuations in the land values stand out. The aim of this paper is to report the process and the results of an exploratory study carried out to collect data on rental and purchase offered values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador. The data was collected in November 2017 using kobo toolbox and telephone calls, and analyzed through the hedonic pricing model. The results showed that rental prices for residential properties increase as their location moves away from the main axis of the system (still under construction at the time of data collection), and that, on the contrary, leases for commercial properties increase with closer proximity to the axis. With respect to the sale price of residential or commercial properties related to this distance, there was no evidence of changes. Civil works can cause these results, however, they are an interesting first approximation to the subject that should be contrasted with historical and future studies (when the tram is operating).
publisher	Universidad Diego Portales
publishDate	2018
url	https://www.revista180.udp.cl/index.php/revista180/article/view/576
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spelling	oai:ojs.revista180.cl:article-5762018-12-18T19:12:46Z Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador Impacto en el valor de ventas y arriendos de inmuebles con uso residencial y comercial, provocado por la implementación de un sistema tranviario en la ciudad de Cuenca, Ecuador Hermida, Carla Moreno, Daniel Pacheco, Diego Tonón, Luis Cortés, Alejandro Cuenca-Ecuador; land value; mass transportation; real estate dynamics; tram urbanismo; economía urbana; movilidad Cuenca-Ecuador; dinámica inmobiliaria; transporte masivo; tranvía; valor del suelo The implementation of transport projects improves access and urban mobility, influencing localization decisions of people and companies. Likewise, it generates impacts on its environment, which can be positive or negative. Among the possible impacts, fluctuations in the land values stand out. The aim of this paper is to report the process and the results of an exploratory study carried out to collect data on rental and purchase offered values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador. The data was collected in November 2017 using kobo toolbox and telephone calls, and analyzed through the hedonic pricing model. The results showed that rental prices for residential properties increase as their location moves away from the main axis of the system (still under construction at the time of data collection), and that, on the contrary, leases for commercial properties increase with closer proximity to the axis. With respect to the sale price of residential or commercial properties related to this distance, there was no evidence of changes. Civil works can cause these results, however, they are an interesting first approximation to the subject that should be contrasted with historical and future studies (when the tram is operating). La implementación de proyectos de transporte mejora el acceso y movilidad urbana, influenciando las decisiones de localización de las personas y las empresas. Así también, genera impactos en el entorno, los cuales pueden ser positivos o negativos. Entre los posibles impactos, se destacan las fluctuaciones en el valor del suelo. El objetivo de este artículo es relatar el proceso y los resultados de un estudio exploratorio realizado para recopilar datos acerca de los precios de oferta de venta y de alquiler de propiedades de uso residencial y comercial, en función de la distancia a un nuevo sistema de transporte de tranvía en Cuenca, Ecuador. Los datos se levantaron en noviembre de 2017 utilizando la herramienta Kobo Toolbox y llamadas telefónicas, luego se analizaron a través del modelo de precios hedónicos. Los resultados mostraron que los precios de alquiler de las viviendas aumentan a medida que su ubicación se aleja del eje principal del sistema (aún en construcción al momento de la toma de datos) y que, por el contrario, los arriendos para propiedades comerciales aumentan cuando hay con una mayor proximidad al eje. Con respecto al precio de venta de las propiedades residenciales o comerciales en función de esta distancia, no hubo evidencia de cambios. Estos resultados pueden deberse a las obras civiles, sin embargo, constituyen una interesante primera aproximación a la temática que deberá ser contrastada con estudios históricos y futuros (cuando el tranvía se encuentre operando). Universidad Diego Portales Este proyecto de investigación es financiado por la Universidad del Azuay de Cuenca-Ecuador. Agradecemos a los arquitectos Mauricio Carrión y Rosa Correa por el seguimiento y apoyo técnico en esta etapa del proyecto. 2018-12-18 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://www.revista180.udp.cl/index.php/revista180/article/view/576 10.32995/rev180.Num-42.(2018).art-576 Revista 180; Núm. 42 (2018) Revista 180; Núm. 42 (2018) 0718-669X 0718-2309 spa https://www.revista180.udp.cl/index.php/revista180/article/view/576/403 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/850 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/851 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/852 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/853 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/854 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/855 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/856 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/857 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/858 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/903 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/904 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/905 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/906 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/907 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/908 https://www.revista180.udp.cl/index.php/revista180/article/downloadSuppFile/576/909 Copyright (c) 2018 Revista 180 https://creativecommons.org/licenses/by/4.0

Impact on the value of rental and purchase values for residential and commercial properties, related to distance from the axis of the tram system in Cuenca, Ecuador

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