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Exercise to estimate impact of neighborhood characteristics on home prices.

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hedonic-prices

The following was a class exercise in an urban policy course to estimate impact of neighborhood characteristics on home prices.

Home price data was collected from Zillow and entered into a Google form:

https://docs.google.com/forms/d/13RWJ9LR3mFbQBNsX9bnLt5XRotfmZKxkwetYzh-h-oA/viewform

The data is read into R and combined with census data and crime data to perform analysis on factors that impact home prices.

You will need the following packages, if not already installed:


install.packages( "RCurl" )
install.packages( "ggmap" )
install.packages( "jsonlite" )
install.packages( "memisc" )


Instructions

  1. Download this file directory to your local computer.

  2. Open R and set your working directory to the directory from step 1.

  3. Run any step by sourcing it.

source( "Step 05.02 - Regressions.R" )

Note that files are chained together, so if you run Step 05, it will automatically run Step 04 to Step 01 recursively.

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