Integrating non-monetary and monetary valuation methods - SoftGIS and hedonic pricing
文摘

SoftGIS and hedonic pricing are compatible.

Their integration provides meaningful information on the value of urban green space.

Formal green spaces of high perceived value exert a positive impact on property prices.

Formal green spaces of low perceived value exert a negative impact on property prices.

Still, it is possible to depict trade-offs between different value domains in the case of informal green spaces.

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