Analysis of positional aspects in the variation of real estate values in an italian southern metropolitan area

  • Authors:
  • Silvestro Montrone;Paola Perchinunno;Carmelo Maria Torre

  • Affiliations:
  • Department of Statistical Science, University of Bari, Bari, Italy;Department of Statistical Science, University of Bari, Bari, Italy;Department of Architecture and Urban Planning, Polytechnic of Bari, Bari, Italy

  • Venue:
  • ICCSA'10 Proceedings of the 2010 international conference on Computational Science and Its Applications - Volume Part I
  • Year:
  • 2010

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Abstract

The paper show the use of a fuzzy weighting system to identify the correspondence of real estate value with main socio-physical characters of the urban tissue. The descriptor of the relationship with the real estate value is represented by a set of indicators of the urban decay of housing property and the analysis is tested on a real application of a case study. The study gives support to the development of new approach for localizing cadastral values at a more detailed scale, compared to the current scale used in the Italian Cadastre. The utilized statistical approach has been based on the SaTScan application, as a techniques of fuzzy clustering, and on a test of stability based on the comparison of a “fuzzy semantic distance” among the average real estate values of urban quarters, with the expected crisp distance among the same quarters.