Research Article
The Impact of Subway Lines on Residential Property Values in Tianjin: An Empirical Study Based on Hedonic Pricing Model
Table 1
Description of variables for modelling residential property values.
| Variable categories | Variables | Description |
| Accessibility variables | Distance to CBD | Straight-line distance to the crossing of Tianjin Binjiang Avenue and Nanjing Road (km) | Distance to nearest urban artery | Straight-line distance to urban artery (km) | Distance to nearest subway station | Straight-line distance to subway station (km) |
| Neighbourhood variables | Distance to nearest park | Straight-line distance to park (km) | Distance to nearest first-class hospital | Straight-line distance to first-class hospital (km) | Distance to nearest key school | Straight-line distance to key primary school or middle school (km) |
| Structure variables | Green area rate | Ratio of green area to floor area | Floor area ratio | Ratio of total building area to floor area |
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