<?xml version='1.0' encoding='UTF-8'?><xml><records><record><source-app name="HighWire" version="7.x">Drupal-HighWire</source-app><ref-type name="Journal Article">17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Gillespie, Tom</style></author><author><style face="normal" font="default" size="100%">Lyons, Ronan C.</style></author><author><style face="normal" font="default" size="100%">Hynes, Stephen</style></author></authors><secondary-authors></secondary-authors></contributors><titles><title><style face="normal" font="default" size="100%">The Value of a Sea View: Hedonic Estimates Using 3D Simulation and Natural Language Processing</style></title><secondary-title><style face="normal" font="default" size="100%">Land Economics</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2024</style></year><pub-dates><date><style  face="normal" font="default" size="100%">2024-05-01 00:00:00</style></date></pub-dates></dates><pages><style  face="normal" font="default" size="100%">278-295</style></pages><doi><style  face="normal" font="default" size="100%">10.3368/le.100.2.071522-0056R</style></doi><volume><style face="normal" font="default" size="100%">100</style></volume><issue><style face="normal" font="default" size="100%">2</style></issue><abstract><style  face="normal" font="default" size="100%">This article develops a new measure of sea view breadth and depth, based on a combination of GIS 3D simulation and natural language processing (NLP) techniques. NLP identifies properties that have a sea view, while GIS measures its extent. We estimate the value of a sea view using a hedonic housing price model and a sample of over 100,000 sales listings in Ireland, 2014–2019. We find that a sea view can add significant value to a property, all else being equal, with an average premium of 8.1% rising to 15% for a wide breadth of sea view.</style></abstract></record></records></xml>