Publication detail

The influence of sustainable features on liquidity of houses in the Czech Republic

JANDÁSKOVÁ, T. HRDLIČKA, T. KOMOSNÁ, M.

Original Title

The influence of sustainable features on liquidity of houses in the Czech Republic

Type

journal article in Scopus

Language

English

Original Abstract

The construction industry has a significant impact on the environment, and it especially affects the level of greenhouse gases. It also reduces the greenhouse gases through constructing and operating sustainable buildings. Sustainable buildings include buildings that meet basic sustainable principles, namely environmental, social, and economic. Sustainable buildings are very often associated with certified buildings (LEED, BREEAM). However, sustainable buildings do not have to be certified to fulfill the idea of sustainability. The question is, how much does sustainability affect the selling prices of houses. A database of 570 sold houses in the district of Brno – venkov in the period of years 2017 - 2019 was compiled. It was found that 5.6% of the houses featured some sustainable aspects, such as heat recovery systems, natural construction materials and all alternative technologies. The factors of liquidity were considered and evaluated. In case of the sustainable houses 3.0 % higher ΔP (difference between asking and market price) was detected. Influence on time on the market was not proven. Based on ANOVA analysis, the impact of sustainable features of houses on the selling prices was not found. Analysis was carried out by a semi-database of 122 houses sold in the year 2017.

Keywords

Sustainable buildings, liquidity, factors, sustainability

Authors

JANDÁSKOVÁ, T.; HRDLIČKA, T.; KOMOSNÁ, M.

Released

17. 2. 2021

Publisher

IOP Publishing

ISBN

17551307

Book

IOP Conference Series: Earth and Environmental Science

Edition number

656

ISBN

1755-1307

Periodical

IOP Conference Series: Earth and Environmental Science

Year of study

656

Number

1

State

United Kingdom of Great Britain and Northern Ireland

Pages from

1

Pages to

7

Pages count

7

URL

https://iopscience.iop.org/article/10.1088/1755-1315/656/1/012003

Full text in the Digital Library

http://hdl.handle.net/11012/201002

BibTex

@article{BUT169721,
  author="Tereza {Jandásková} and Tomáš {Hrdlička} and Milada {Komosná}",
  title="The influence of sustainable features on liquidity of houses in the Czech Republic",
  journal="IOP Conference Series: Earth and Environmental Science",
  year="2021",
  volume="656",
  number="1",
  pages="1--7",
  doi="10.1088/1755-1315/656/1/012003",
  issn="1755-1307",
  url="https://iopscience.iop.org/article/10.1088/1755-1315/656/1/012003"
}