The Impact of Subway Lines on Residential Property Values in Tianjin: An Empirical Study Based on Hedonic Pricing Model

Table 1

Description of variables for modelling residential property values.

Variable categories	Variables	Description
Accessibility variables	Distance to CBD	Straight-line distance to the crossing of Tianjin Binjiang Avenue and Nanjing Road (km)
	Distance to nearest urban artery	Straight-line distance to urban artery (km)
	Distance to nearest subway station	Straight-line distance to subway station (km)
Neighbourhood variables	Distance to nearest park	Straight-line distance to park (km)
	Distance to nearest first-class hospital	Straight-line distance to first-class hospital (km)
	Distance to nearest key school	Straight-line distance to key primary school or middle school (km)
Structure variables	Green area rate	Ratio of green area to floor area
	Floor area ratio	Ratio of total building area to floor area