Architectural Factors Influencing a Housing Market Value: A Theoretical Framework

ABSTRACT A housing price, not considering its change over time, is widely determined by hedonic properties. This common in literature; however, there a significant part of the so-called unexplained variance, that captured models. The scientific problem this research how to classify and visualize architectural factors might have an influence on market value dwelling. object are analysis aim describe theoretical framework defines structure scope variables influencing value. Not all described literature review equal terms scale, measurability, public or private context, aesthetic functional priority. systematic approach would be as matrix built environment Two orthogonal dimensions can identified: spanning from non-design (functional, utilitarian) design (abstract, unexplained) (private) urban (public). multidimensional complex system exists. Understanding crucial for development succeed.