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The present paper, derived from a real case, addresses the issue of impact evaluation on real estate property values from a variation in urban design in the aim of an Integrated Program of Interventions. As is known in the scientific literature real estate property values depends on intrinsic and extrinsic positional characteristics refer to environmental quality and infrastructure of the context in which the property is located. The studies carried out show that there is a large variation in the parameter of incidence of each characteristics depending on the cases considered. We proposes the application of a new econometric models for quantitative analysis of the characteristics of real estate property, due to the better prevision that these functions can obtain in a real estate market context. The control of the formal and logical adequacy of the proposed theoretical model is referred to the case study under analysis, where we determine the depreciation of values of a real estate complex due to a decrease of urban quality. The experimental test of the model has provided results that, by reason of their formal consistency with the results obtained in other contexts, can be considered representative of the effectiveness of the methodology proposed.