The Development of Second Homes' Assessed Property Values in Sweden 1991-2001

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Abstract:

The second home phenomenon is deeply rooted within the Swedish society. To own a second home or have frequent access to a second home is important and desirable for the Swedish population. The comparably high level of second home ownership in the country manifests this. Second homes are scattered all over the country, with main concentrations in or near densely populated areas. Some, not unimportant, concentrations can be registered in places with relatively low population density and at a considerable long distance from major population centres. In recent years, there has been an increasing interest in second homes among the Swedish population, but also increasingly from incoming visitors. This has resulted in a growing competition for properties, especially those located in attractive areas with high amenity values. The purpose of this paper is to identify attractive second home landscapes and their characteristics in Sweden. Utilizing data from the comprehensive geo-referenced database ASTRID (generated by Statistics Sweden) covering all second homes in Sweden 1991-2001, attractive second home landscapes are examined and defined.

Keywords: Sweden; attractive landscapes; property values; regression model; second homes

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/15022250601160305

Affiliations: Department of Social and Economic Geography, Umeå University, Sweden

Publication date: January 1, 2007

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