4-11 Hedonic house price results Dependent variable: Canadian Dollars per month Variable Coefficient t-ratio a priori sign expected Intercept 282.21 56.09 + Lnage -53.10 59.71 NBROOMS 48.47 104.81 AREABYRM 3.97 2999 ELEVATOR 4504 BASEMENT 15.90 -11.32 OUTPARK 7.17 707 +++-++ INDPARK 73.76 31.25 NOLEASE 16.99 -762 LndIStCBD 584 SINGLPAR -4.27 38.88 DSHOPCNTR 10.04 -5.97 VACDIFFI 0.29 598 Notes: Adjusted R=0.651; regression F-statistic =2082.27. Source: Des Rosiers and Therialt (1996). Reprinted with permission of the American Real Estate Society4-11 Hedonic House Price Results Dependent Variable: Canadian Dollars per Month Variable Coefficient t-ratio A priori sign expected Intercept 282.21 56.09 + LnAGE -53.10 -59.71 - NBROOMS 48.47 104.81 + AREABYRM 3.97 29.99 + ELEVATOR 88.51 45.04 + BASEMENT -15.90 -11.32 - OUTPARK 7.17 7.07 + INDPARK 73.76 31.25 + NOLEASE -16.99 -7.62 - LnDISTCBD 5.84 4.60 - SINGLPAR -4.27 -38.88 - DSHOPCNTR -10.04 -5.97 - VACDIFF1 0.29 5.98 - Notes: Adjusted R 2 = 0.65l; regression F-statistic = 2082.27. Source: Des Rosiers and Thérialt (1996). Reprinted with permission of the American Real Estate Society