URBAN NEIGHBOURHOOD QUALITY AND RESIDENTIAL PROPERTY VALUES: (A CASE STUDY OF MINNA METROPOLIS

Abstract

ABSTRACT This paper highlights the result of a research carried out to examine the effed of urban neighbourhood quality on rental values attracted by various residential building types in seven Geographical neighbourhoods in Minna. ;\ significant aspect of the study involved literature review, computer analysis - statistical package for social science (SPSS) to determine whethcr there is significant correlation between Rental values and neighbourhood quality in Minna. The study also built a regression model to detcrmine the contribution of the environmental factor in explaining the variation in rental values. The adequacy of the model was then tested by analysis of variance (F) which helped to determine the significance of the correlation between the determinant and the independent variable. Results show that there is a significant relationship between rental values of residential properties and environmental quality of the seven neighbourhoods in Minna and that housing and social amenities form important factors that influence rents as well.