Scott Orford breaks new ground in this volume by exploring hedonic house price models within a geographical rather than purely economic context. Whereas these models have previously been conceptualized as spatial, they are here reevaluated by exploring how the spatial aspect of housing markets can be incorporated.

Contents: Introduction; The hedonic house price function; Housing attributes and Spatial data; Constructing a context-sensitive urban GIS; The Spatial dynamics of an urban housing market; Towards a valuation of locational externalities; Conclusion; Bibliography; Index.