The effect of location on rental value of residential properties - case study of Tammah and Shagari road, Nasarawa state Department: Estate Management By: Dempelove Project ID: 8948 Rating: (5.0) votes: 1Rate this project12345 Price:₦5000 Get the Complete MaterialAbstractIt is common knowledge that environmental impact and the influence of location externalities are vital to the formation of residential property value. Factors related to location and the environment that positively or negatively impact residential values include age of the building, electricity, water supply, size of the rooms/kitchen, number of bathrooms/kitchens, noise pollution, air pollution/quality, storm water/Flooding. Similarly, attributes of residential location such as the proximity to school, workplace, shops/market, hospital, airport, parks and playgrounds, quality of neighbouring structures, accessibility to public transport and sporting facilities, road quality/network traffic volume, transportation etc., are among key factors that determine residential values. The objective of this research is to perform a scholarly review of empirical literature on the environmental impact of location on residential property values. Documentary data with regard to the research were obtained from various journal publications and other secondary sources and were studied and reviewed accordingly. Findings of this study revealed that the effect of location on residential value has been exhaustive. However, studies on environmental impact of location on residential properties value in Nigeria, major determinants of residential property value have been minimal. Furthermore, methodologies adopted in most of the studies were not clearly defined. The study recommends that more research should be performed on the environmental impact of location on residential property values, and that the methodologies adopted should be appropriately and clearly defined....Preview Download Preview +Other Estate Management project topics and materials you might be interested in»Effect of building material cost on housing development in Nigeria»Effects of obsolescence on residential properties (a case study of Oparanozie street in Owerri, Imo state) »An assessment of residential housing problem in the urban areas of Nigeria (a case study of Umuahia urban)»Effect of environmental pollution on real estate development (a case study of Warri, Delta state)»Recreational Property Development in Owerri Imo State ( A Case Study of Owerri Municipal )»Problems of urban land management (a case study of Owerri capital territory) »Challenges associated with the valuation of specialized properties»Challenges associated with real estate investment in Enugu, Nigeria»Impact of land use act on property development in Nigeria»Effect of location on rental value of commercial property - a case study of Bida metropolis»The economic implication of multiple hostel accommodation in tertiary institution in Nigeria (a case study of federal polytechnic Nekede, Owerri) »The effect of oil spillage on residential property investment (a case study of Oyibo in Rivers state) »The impact of Akwa ibom state university of science and technology on social development of mkpat enin L.G.A Akwa ibom state»Land use regulations and its effects on land development»Comparative analysis of the impact of infrastructural facilities on the value of properties