THE INFLUENCE OF WETLAND TYPE AND WETLAND PROXIMITY ON RESIDENTIAL PROPERTY VALUES
Journal of Agricultural and Resource Economics · Volume 21, Issue 1, July 1996 · Pages 120–129
Abstract
Using detailed residential housing and wetland location data, we determine relative preferences for proximity to four broad classes of wetlands, as expressed through housing values. Implicit prices for proximity to open-water and scrub-shrub wetlands are relatively higher than those for emergent-vegetation and forested wetlands.
Article details
- Issue
- Volume 21, Issue 1
- Published
- July 1996
- Pages
- 120–129
- Full text
- PDF on AgEcon Search