Table 6. Nested model R 2 decomposition... | Emerald Publishing

Table 6.

Nested model R² decomposition

Model specification	R²	Adjusted R²	ΔR²	Source of increment
Physical characteristics only (size, floor, age)	0.335	0.327	—	—
All controls (physical + locational + suburb FE)	0.414	0.383	+0.079	Location
Controls + BTR dummy	0.587	0.562	+0.174	BTR status
Controls + amenity category scores (no BTR)	0.640	0.612	+0.053	Amenity categories
Full model (controls + BTR + individual amenities)	0.666	0.631	+0.078	Amenities (over BTR)

Model specification	R²	Adjusted R²	ΔR²	Source of increment
Physical characteristics only (size, floor, age)	0.335	0.327	—	—
All controls (physical + locational + suburb FE)	0.414	0.383	+0.079	Location
Controls + BTR dummy	0.587	0.562	+0.174	BTR status
Controls + amenity category scores (no BTR)	0.640	0.612	+0.053	Amenity categories
Full model (controls + BTR + individual amenities)	0.666	0.631	+0.078	Amenities (over BTR)