Waardebepaling van wonen in erfgoed

Abstract

This thesis reports on a study of the market value of cultural heritage on the housing market. A so called mixed method design is used to investigate this market value from both a qualitative as well as a quantitative perspective. With the use of a hedonic pricing model the market values of national listed monuments have found to be 12,4% higher than those of non-listed buildings. In addition national listed monuments have a market value premium of 8,1% over municipal listed monuments. This implies that the more cultural historic value a building has the higher it is valued on the housing market. The qualitative part explains this higher market value. Housing owners of transformed buildings, with a special cultural history, do appreciate the specifi c qualities of cultural heritage within their daily housing comfort. They in particular appreciate the atmosphere created by the cultural history of the building. This atmosphere is believed to infl uence the experience value of a building and thereby the use value of a house. This higher use value has a direct relationship with a higher market value. The research concludes that buildings with a special cultural history are higher valued on the housing market, because they have an atmosphere that appeals to housing buyers. This atmosphere contributes to both an impulsive acquisition of the house as well as to a higher use value by providing a higher joy of living.