Determinantes del valor de mercado de la vivienda bajo el régimen de propiedad horizontal en la pieza urbana Riomar del Distrito de Barranquilla: un ejercicio de precios hedónicos

Abstract

The objective of this work is to identify the main determinants of the value of horizontal property housing, both used and new, located in the urban piece of ​​Riomar in the city of Barranquilla, in a sample taken in the second half of 2021. Starting from a review of the economic literature on the application of the hedonic methodology, an econometric modeling is proposed through the ordinary least squares method. The results of the estimation allow us to conclude that the variables that determine the value of the real estate have to do with the area, the social stratum, the floor, its age, its type of finishes, its provision of amenities and the proximity to parks in its sector , prevailing over some proximity to shopping centers, the latter variables being a hedonic component. In general, the results of the research provide good indicators for determining the market value of used and new horizontal property housing located in the urban piece of ​​Riomar.