Table 2 Description and summary statistics of underlying data set
(a) Continuous variables | |||||
|---|---|---|---|---|---|
Variable | Description | Min | Median | Max | SD |
Price | Adjusted transaction price in Swiss Francs excluding parking and special factors | 400,000 | 1,390,000 | 10,500,000 | 938,813 |
Age | Age at the time of purchase | − 1a | 36 | 99b | 27 |
Volume | Building volume in \({m}^{3}\) (SIA Zürich, 2003) | 300 | 780 | 3134 | 297 |
Plot size | Plot size in \({m}^{2}\) | 103 | 471 | 3101 | 343 |
Renov | Need for renovation (difference between actual and theoretical building condition, higher meaning better; h.m.b.) | 0.00 | 0.00 | 4.00 | 0.91 |
Standard | Standard; h.m.b | 2.00 | 3.00 | 5.00 | 0.67 |
Micro | Micro-location; h.m.b | 2.00 | 3.50 | 5.00 | 0.64 |
(b) Categorical variables, reference level in italics | |||
|---|---|---|---|
Variable | Description | Levels | Observations |
Year quarter | Transaction year and quarter | 20,183: 3rd Quarter of 2018 | 365 |
20,184: 4th Quarter of 2018 | 168 | ||
20,191: 1st Quarter of 2019 | 265 | ||
20,192: 2nd Quarter of 2019 | 275 | ||
20,193: 3rd Quarter of 2019 | 303 | ||
20,194: 4th Quarter of 2019 | 202 | ||
SFH type | Type of SFH | 1: Detached | 736 |
2: Semi-detached | 532 | ||
3: Row house | 310 | ||
Energy | Energy standard | 1: Insulated shell | 1538 |
2: Enhanced energy efficiency | 40 | ||
(c) Observation locations | ||
|---|---|---|
Coordinates | Description | Range |
Easting \(LV03x\) | Coordinates in the LV03 coordinate reference system (Federal Office of Topography swisstopo, 1900) in \(m\) | \(200 \times 10^{3} - 800 \times 10^{3}\) |
Northing \(LV03y\) | \(100 \times 10^{3} - 400 \times 10^{3}\) | |
Variable | Description | Levels | Observations |
|---|---|---|---|
FPRE type | Type of cell | 1: Top-locations | 446 |
2: Urban agglomerations | 728 | ||
3: Other agglomerations | 265 | ||
4: Rural areas | 139 |