Property prices are determined by many factors, including location, economic conditions, property features, supply and demand, neighborhood development, and so on. Among these factors, location-based factors and neighborhood development are of interest as we are conducting a GIS related study. Thus, we identified several key factors that are critical in the real estate sector. These factors include proximity to essential facilities and amenities, like schools, transports, facilities, green areas, and restaurants.
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Property prices are determined by many factors, including location, economic conditions, property features, supply and demand, neighborhood development, and so on. Among these factors, location-based factors and neighborhood development are of interest as we are conducting a GIS related study. Thus, we identified several key factors that are critical in the real estate sector. These factors include proximity to essential facilities and amenities, like schools, transports, facilities, green areas, and restaurants.