Abstract The literature generally agrees that improved accessibility has a positive effect on housing values. The motorway constructions in north-eastern Slovenia, completed between 2002 and 2018, significantly improved the accessibility of less developed areas. In this article, we examine how the new motorway has affected the housing values in the mostly rural north-eastern part of Slovenia. We analysed the distance decay effect of amenities and disamenities of motorway links and ramps as well as bus stops, train stations, and railway links on housing prices. In addition to the transport infrastructure variables, we analysed numerous other structural and environmental variables. We estimated three different spatial hedonic regression models: the spatial autoregression model, the spatial error model, and the spatial autocorrelation model. The results indicate that none of proximities to the bus stop, train station, or motorway link have had a significant effect on housing value. However, the rail track proximity exhibited a significant negative association with price. Furthermore, the effect of distance to the nearest motorway ramp on housing value is significant: it is stronger for closer distances (i.e. starting from 500 m) and decreases up to 6 km, while the effect of distances below 500 m is insignificant. Our results also show that bigger dwellings, more rooms, and the presence of a balcony, elevator, central auto heating system, new installation, and air conditioning as well as an apartment in a single house, are associated with a higher housing price. On the contrary, selling the dwellings together with a parking place and basement reduced the average price of the housing property. Comparing our results to the literature, we proved our hypothesis that the negative effect of a motorway is less pronounced in rural areas compared to urban areas and that the positive effect of accessibility is stronger in rural areas and extends over a wider geographical area.

中文翻译：

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新高速公路对斯洛文尼亚东北部农村房价的影响

摘要 文献普遍同意改善可达性对住房价值有积极影响。斯洛文尼亚东北部的高速公路建设于 2002 年至 2018 年完成，显着改善了欠发达地区的可达性。在本文中，我们研究了新高速公路如何影响斯洛文尼亚东北部大部分农村地区的住房价值。我们分析了高速公路连接和匝道以及公共汽车站、火车站和铁路连接的便利设施和缺陷对房价的距离衰减影响。除了交通基础设施变量外，我们还分析了许多其他结构和环境变量。我们估计了三种不同的空间特征回归模型：空间自回归模型、空间误差模型和空间自相关模型。结果表明，靠近公共汽车站、火车站或高速公路的地点都没有对住房价值产生显着影响。然而，铁路轨道接近度与价格呈显着负相关。此外，距离最近的高速公路匝道的距离对住房价值的影响是显着的：距离越近（即从 500 m 开始）越强，并且减少到 6 km，而距离低于 500 m 的影响不显着。我们的研究结果还表明，更大的住宅、更多的房间、阳台、电梯、中央自动供暖系统、新装置和空调以及单间公寓中的公寓，都与更高的房价有关。相反，将住宅连同停车位和地下室一起出售，降低了房产的平均价格。将我们的结果与文献进行比较，我们证明了我们的假设，即与城市地区相比，高速公路在农村地区的负面影响不那么明显，而且可达性的积极影响在农村地区更强，并延伸到更广泛的地理区域。