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Place-Making Survey Cluj Perspective. Data sources Survey of homes -MSU questionnaire - in eleven neighbourhoods in Cluj sold between 1989 - 2012. 677.

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Presentation on theme: "Place-Making Survey Cluj Perspective. Data sources Survey of homes -MSU questionnaire - in eleven neighbourhoods in Cluj sold between 1989 - 2012. 677."— Presentation transcript:

1 Place-Making Survey Cluj Perspective

2 Data sources Survey of homes -MSU questionnaire - in eleven neighbourhoods in Cluj sold between 1989 - 2012. 677 responses (487 owners, 190 tenants). Face- to-face interviews.Random stratified sample the study to assess average home price for each neighbourhood was conducted in cooperation with Blitz Real Estate Agency, in March 2013, on a representative sample of 511 homes for sale with prices up to date from the eleven selected neighbourhoods

3 What Factor Influence Home Purchase Decisions?

4 Factors influencing people’s decision to buy a house Mid-WestCluj-Napoca 1Safety 2Commute timeStores nearby 3AffordabilityAccess to public transportation 4Walkability

5 How Far Are People Willing to Walk in Cluj?

6 Mid-West: 10-15 min. Cluj-Napoca: 16-20 min. How Far Are People Willing to Walk in Mid-West and Cluj?

7 Aesthetically-Pleasing & Safe Neighborhood How would you rate the overal look and feel of a walk in your neighborhood? FrequencyPercent Valid Percent Cumulative Percent Valid 1 (Very low)284,14,4 212218,019,423,8 317626,027,951,7 418927,930,081,7 5 (Very high)11316,717,999,7 Not practical/Don't walk 2,3 100,0 Total63093,1100,0 MissingSystem476,9 Total677100,0

8 Safety How safe do you feel in this neighborhood? FrequencyPercentValid Percent Cumulative Percent Valid Extremely safe456,67,1 Very safe27540,643,750,8 Moderately safe28742,445,696,3 Slightly safe111,61,798,1 Not at all safe121.71.9100,0 Total63093,1100,0 MissingSystem476,9 Total677100,0

9 Top 5 Safe Neighborhoods (perceived as very safe to extremely safe) 1.Andrei Muresanu (78,6%) 2.Centru (76,3%) 3.Marasti (57%) 4.Gheorgheni (57%) 5.Manastur (49,7%)

10 Home price explained Regression Model Description N = 487 (owners), R-squared = 0.328. Dependent variable: home price Independent variables: structural and property characteristics that influenced a purchaser’s decision to buy a home, such as: Total square meters Walkability to nearby places Architecture

11 Preliminary results for Cluj (I) Higher property value is explained by the following structural and property attributes: Property attribute 1. Interior design 2. Ease of walking & biking to nearby places 3. Total square meters

12 Preliminary results for Cluj (II) Higher property value is explained by the following neighbourhood attributes: Positive relationshipNegative relationship Interior designClose supermarket Ease of walking & biking to nearby places Total square meters Closeness to bars and restaurants

13 Other property attributes that explain home prices Number of bedrooms & bathrooms Garage Porch

14 Conclusions (I) People from both Mid-West and Cluj walk often Destinations that are within a 15-minutes or even 20 minutes or walk of their home Walkability is one of the main factors involved in people’s decisions to purchase or rent a house

15 In order to raise house value in Cluj Similar to Mid-West, More bedrooms & bathrooms & square footage Presence of garage Nearby parks & recreation Ease of walking & biking to nearby places Safety

16 Next step Apply the study to an extended area in Romania (North-Western region)


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