The Impact of Brownfields on Residential Property Values in Post-Industrial Communities: A Study from the Eastern Part of the Czech Republic

Dilapidated, neglected, or abandoned sites and buildings (so-called brownfields) are frequently neither visually attractive nor aesthetically valuable. Indeed, neglected brownfields contribute to the emergence of both objective subjective barriers social, economic, environmental development communities. We also know that occurrence decayed affect prices residential housing in their vicinity. In our paper, we seek better understand impact on perceived value neighbouring properties. keen shed more light factors behind allegedly undesirable property values. Our research is based primarily data obtained from a survey 1,152 respondents ten municipalities situated at eastern part Czech Republic, where occur. The findings complemented by an analysis sales properties located proximity brownfield sites, further confirm preliminary results. results confirmed tend negatively signal concentration socially unacceptable behaviour considered key issue for distorting around brownfields. analyses have distance particular one significantly influencing prices. claim create negative externalities require public sector interventions planning. urgently need systematic support regeneration improve quality life residents affected