Neighborhood Parks And Residential Property Values In Greenville, South Carolina
AbstractThe effect on housing prices of proximity to different types of parks is estimated using a unique data set of single-family homes sold between 1990 and 1999 in Greenville, South Carolina. While the value of park proximity is found to vary with respect to park size and amenities, the estimates from this study are larger than previous studies. The greatest impact on housing values was found with proximity to small neighborhood parks, with the positive impact of proximity to both small and medium-size parks extending to homes as far as 1500 feet from the park.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.
Volume (Year): 33 (2001)
Issue (Month): 03 (December)
hedonic valuation; open space; urban parks; value of parks; Land Economics/Use;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mark R. Correll & Jane H. Lillydahl & Larry D. Singell, 1978. "The Effects of Greenbelts on Residential Property Values: Some Findings on the Political Economy of Open Space," Land Economics, University of Wisconsin Press, vol. 54(2), pages 207-217.
- Anderson, Soren T. & West, Sarah E., 2006. "Open space, residential property values, and spatial context," Regional Science and Urban Economics, Elsevier, vol. 36(6), pages 773-789, November.
- Cervero, Robert & Kang, Junhee & Shively, Kevin, 2009. "From elevated freeways to surface boulevards: neighborhood and housing price impacts in San Francisco," University of California Transportation Center, Working Papers qt33q2012g, University of California Transportation Center.
- Carolyn A. Dehring & Craig A. Depken & Michael R. Ward, 2007.
"The Impact Of Stadium Announcements On Residential Property Values: Evidence From A Natural Experiment In Dallas-Fort Worth,"
Contemporary Economic Policy,
Western Economic Association International, vol. 25(4), pages 627-638, October.
- Carolyn A. Dehring & Craig A. Depken, II & Michael R. Ward, 2006. "The Impact of Stadium Announcements on Residential Property Values: Evidence from a Natural Experiment in Dallas-Fort Worth," Working Papers 0616, International Association of Sports Economists & North American Association of Sports Economists.
- Craig A. Depken & Michael R. Ward & Carolyn A. Dehring, 2006. "The Impact of Stadium Announcements on Residential Property Values: Evidence from a Natural Experiment in Dallas-Fort Worth," Working Papers 0602, University of Texas at Arlington, Department of Economics.
- Concu, Giovanni B, 2005. "Investigating distance effects on environmental values: A choice modelling approach," Risk and Sustainable Management Group Working Papers 149853, University of Queensland, School of Economics.
- GB. Concu, 2004. "A choice modelling approach to investigate biases in individual and aggregated benefit estimates due to omission of distance," Working Paper CRENoS 200412, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Monique DANTAS (GREThA UMR CNRS 5113) & Frédéric GASCHET (GREThA UMR CNRS 5113) & Guillaume POUYANNE (GREThA UMR CNRS 5113), 2010. "Regulatory zoning and coastal housing prices: a bayesian hedonic approach (In French)," Cahiers du GREThA 2010-12, Groupe de Recherche en Economie Théorique et Appliquée.
- GB. Concu, 2004. "Effects of distance on non-use values," Working Paper CRENoS 200411, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Lake, Mary Beth & Easter, K. William, 2002. "Hedonic Valuation Of Proximity To Natural Areas And Farmland In Dakota County, Minnesota," Staff Papers 13407, University of Minnesota, Department of Applied Economics.
- Owusu-Edusei, Kwame & Espey, Molly, 2003. "School Quality And Property Values In Greenville, South Carolina," Working Papers 18809, Clemson University, Department of Agricultural and Applied Economics.
- Fakhruddin, Fahmida & Espey, Molly, 2003. "Living On The Edge: Residential Property Values In The Urban/Rural Fringe?," 2003 Annual meeting, July 27-30, Montreal, Canada 22072, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Steven D. Shultz & Nicholas J. Schmitz, 2009. "Augmenting Housing Sales Data to Improve Hedonic Estimates of Golf Courses," Journal of Real Estate Research, American Real Estate Society, vol. 31(1), pages 63-80.
- Kang, Chang Deok & Cervero, Robert, 2008. "From Elevated Freeway to Linear Park: Land Price Impacts of Seoul, Korea's CGC Project," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt81r021w2, Institute of Transportation Studies, UC Berkeley.
- Larkin, Sherry L. & Alavalapati, Janaki R.R. & Shrestha, Ram K., 2005. "Estimating the Cost of Preserving Private Lands in Florida: An Hedonic Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(01), April.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.