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June 3, 20260 citations

Effect of Environmental Quality on Residential Property Rental Value in Birnin Kebbi, Kebbi State

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HAHakeem O. ABDULAZEEZ

Key Points

  • This study investigates how environmental quality affects the rental value of residential properties in Birnin Kebbi, Nigeria.
  • Stratified random sampling technique applied to 1,067 questionnaires administered to residents.
  • 580 responses were retrieved, representing a 54.5% response rate.
  • Statistical analysis utilized descriptive and inferential methods including Spearman's correlation.
  • Correlation coefficient (r) of 0.344 indicates a positive but weak relationship.
  • Significance level (p) of 0.450 suggests no significant correlation between environmental score and rental value.
  • Study concludes environmental factors do not significantly affect rental values in the area.

Abstract

p strongPurpose:/strong Environmental attributes are important determinants of real estate value and are a critical factor in determining the prices of residential property. This study aims to investigate the effects of environmental quality on the rental value of residential properties in Birnin Kebbi, Nigeria. /p p strongDesign/methodology/approach:/strong To achieve this aim, determinants of environmental quality were assessed alongside the rental value of residential properties in the study area. A stratified random sampling technique was employed in the administration of the questionnaire on a sample size of 1,067 out of the 304,113 sample frame of the study population. Of the administered questionnaires, 580 were retrieved (54.5%), which was adjudged adequate for the study. Both descriptive (mean, average weighted mean) and inferential statistical (Spearman's correlation) tools were adopted for analysis. /p p strongFindings:/strong The result revealed that the correlation coefficient (r) obtained was 0.344, indicating a positive but weak relationship between environmental score and rental value. And the significant level (p) of 0.450 obtained was greater than 0.05 (95% confidence level), indicating insignificant correlation between environmental score and rental value. The study revealed that there is no significant effect of environmental factors on the rental value of residential properties in the study area. /p p strongResearch limitation:/strong Determinants of environmental quality were based on the concepts of urban environmental quality; however, the adopted variables were limited to safety/security, drainage, waste disposal system, road network, power supply frequency, water supply, pollution and neighbourhood cleanliness. /p p strongPractical implication:/strong The study recommended the need for greater research into how environmental quality, in combination with common characteristics of the residential property market, might help explain variation in the rental value of residential property within a particular area. /p p strongOriginality/value:/strong The study revealed areas with low mean environmental score having a higher or are at par with the mean rental value of areas with high mean environmental score. The study thus advocates for more study on this line. /p

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Hakeem O. ABDULAZEEZ (2025) studied this question.

synapsesocial.com/papers/6a1fc42cdee9eb8c0dce5b13https://doi.org/10.66884/kesj.2025.15atrcmx
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