Descriptive Statistics for Nondummy Variables
| Variable | Description | Mean | Min. | Max. |
|---|---|---|---|---|
| Price | Trade price, not corrected for inflation (Danish kroner) | 1,329,000 | 100,000 | 18,150,000 |
| Age | Age of the house (year built) | 1957 | 1850 | 2010 |
| Number of baths | Number of bathrooms | 1.268 | 1 | 4 |
| Size | Size of living area (m2) | 136.5 | 56 | 492 |
| Basement size | Size of basement (m2) | 12.19 | 0 | 230 |
| Attic size | Size of attic (m2) | 24.43 | 0 | 260 |
| Number of rooms | Number of rooms | 4.642 | 1 | 16 |
| Number of floors | Number of floors | 1.03 | 1 | 3 |
| Number of toilets | Number of toilets | 1.536 | 1 | 5 |
| Number of bathrooms | Number of bathrooms | 1.268 | 1 | 4 |
| Forest | Distance in meters to the nearest forest, zero being within forest; in the model used as dummy variables based on steps of 100 m with reference distance being above 700 m | 297.2 | 0 | 4,294 |
| Lake | Distance in meters to the nearest lake with a surface greater than 200 m2; in the model used as dummy variables based on steps of 100 m with reference distance being above 700 m | 4,390 | 0 | 10,500 (1,903) |
| Coastline | Distance in meters to the nearest coastline; in the model used as dummy variables based on steps of 100 m with reference distance being above 700 m | 4,677 | 8.022 | 10,500 (2,348) |
| Highway | Distance in meters to the nearest highway; in the model used as dummy variables based on steps of 100 m with reference distance being above 1,000 m | 8,297 | 17.94 | 10,500 (9,606) |
| Large road | Distance in meters to the nearest road wider than 6 m; in the model used as dummy variables based on steps of 100 m with reference distance being above 400 m | 393.9 | 2.847 | 5,239 |
| Distance | Distance in meters to the nearest onshore turbine in steps of 100 m | 14.89 | 0.6827 | 25.00 |