Housing Market in Malaga: An Application of the Hedonic Methodology



Appendix 2

Variable names and definitions from the regression analysis

Variables

Definitions

SURFACE AREA

NUMBER OF ROOMS
NUMBER OF BATHROOMS
AGE OF THE BUILDING
FLOORS

DISTRICT2

DISTRICT4

DISTRICT5

DISTRICT6

DISTRICT7

DISTRICT10

DISTANCE TO DOWNTOWN
PROXIMITY TO THE SEASIDE
APARTMENT/STUDIO
DETACHED HOUSE
ATTIC FLAT

NEW

NEEDING REFURBISHING

CARETAKER

ELEVATOR

PRIVATE PARKING

POOR NATURAL LIGHT
DOUBLE GLAZING

BUILT-IN WARDROBES

In square meters

Excluding kitchen and baths

All the types of baths

Antiquity of the dwelling

Number of plants in the block where the dwelling is.

Dummy equal to 1if dwelling is in district 2

Dummy equal to 1 if dwelling is in district 4

Dummy equal to 1 if dwelling is in district 5

Dummy equal to 1 if dwelling is in district 6

Dummy equal to 1 if dwelling is in district 7

Dummy equal to 1 if dwelling is in district 10

Dummy equal to 1if the distance to downtown is < to 750 m.

Dummy equal to 1 if the distance to the seaside is < to 1500 m.

Dummy equal to 1if dwelling is an apartment or studio

Dummy equal to 1 if dwelling is a detached house

Dummy equal to 1 if dwelling is an attic flat

Dummy equal to 1 if dwelling is a new construction

Dummy equal to 1 if dwelling needs refurbishing

Dummy equal to 1if there is caretaker

Dummy equal to 1there is elevator

Dummy equal to 1there is private parking

Dummy equal to 1 if dwelling has poor natural light

Dummy equal to 1 if there is double glazing

Dummy equal to 1 if there is built-in wardrobes



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