Analysis of the Influence of Urban Infrastructure Factors on the Pricing of Real Estate in Moscow

Student: Andreeva Tatiana

Educational Programme: Economics and Statistics (Bachelor)

Year of Graduation: 2019

In recent decades, the population’s requirements for living conditions have increased markedly: due to a wide variety of offers in the real estate market, choices have also increased. At the same time, so-called living comfort is influenced by many factors, from the obvious characteristics of a residential building to the state of the environment and the number of public transport stops within walking distance. This paper presents an analysis of the influence of infrastructural factors that ensure the comfort of living for the population on the pricing of residential real estate in Moscow using a hedonic model. Modeling was carried out on groups of regions that were homogeneous in terms of the development of infrastructure in them, which were selected by constructing an integral indicator of living comfort and clustering.

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