The composition of hedonic pricing models

S Sirmans, D Macpherson, E Zietz - Journal of real estate literature, 2005 - aresjournals.org
A house is made up of many characteristics, all of which may affect its value. Hedonic
regression analysis is typically used to estimate the marginal contribution of these individual
characteristics. This study provides a review of recent studies that have used hedonic
modeling to estimate house prices. The findings indicate that slanted versus flat roof,
sprinkler system, garden bath, separate shower stall, double oven and gated community ...