Table 3. Results on the impact of an abandoned building on the sales prices of nearby homes

	(1)	(2)
Homes near the abandoned building	−92.444**(-7.91)	−18.466(-0.83)
2013 or later	78.368**(3.62)	69.819**(8.78)
Homes near the abandoned building* 2013 or later	−38.601**(-3.02)	−43.216**(-4.86)
Exclusive area		−1.056**(-3.56)
Floor		1.532**(4.26)
Years since built		−5.325**(-3.17)
Apartment		49.388+(2.01)
Constant	174.636**(19.32)	288.676**(6.04)
Fixed effect
Year	11	11
Adj. R-squared	0.5976	0.7547
No. of observations	2,325	2,325

Note: Numbers in parentheses are robust t-values.
^**, ^*, and ⁺ indicate statistical significance at the 1%, 5%, and 10% levels, respectively.