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Prioritizing Residential Land Value Determinants in Onitsha, Nigeria

Emo, Fidelis Ifeanyi and Oni, A. O. and Egolum, Charles Chukwunwuike (2013) Prioritizing Residential Land Value Determinants in Onitsha, Nigeria. International Journal of Academic Research in Business and Social Sciences, 3 (3). pp. 201-213. ISSN 2222-6990

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Abstract

This study was undertaken to analyze the various determinants of residential land values and the strength of the different factors contributing to land value variations in Onitsha, Nigeria. The factor analysis and the principal component techniques were applied in the ana lysis of spatial variations and the relationship between 31 identifiable factors influencing resident ia l land values in Onitsha, Anambra State of Nigeria. By using regression analysis, t he 13 main factors shaping land values in Onitsha were established, prioritized and ranked as accessibility, neighborhood quality, land t itle, zoning regu lations, transportation, rent, improvement tax, environmental quality, view of amenities, travel time to the city centre and irrevoca ble power of attorney.

Item Type: Article
Uncontrolled Keywords: land value, spatial variations, prioritized, ranked, residential land, value determinants
Subjects: H Social Sciences > HD Industries. Land use. Labor
T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TH Building construction
Divisions: Faculty of Engineering, Science and Mathematics > School of Civil Engineering and the Environment
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 27 Mar 2014 01:37
Last Modified: 27 Mar 2014 01:37
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/2291

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