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The Impact of Manufactured Housing on Adjacent Residential Property Values: A GIS Approach Based on Three North Carolina Counties

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  • Mulatu Wubneh
  • Guoqiang Shen

Abstract

This empirical study examines the impact of manufactured housing (MH) on the values of adjacent site†built residential properties using Geographical Information Systems (GIS) and large data samples for three counties in North Carolina, USA, for the period of 1994†2000. Both property appreciation rates (AR) and property values (PV) are examined with respect to proximity to MH. While ARs are based on a simple measure of value appreciation, PVs are estimated in a linear regression based hedonic price model, which is designed to captures the contributions of structure and location attributes to property values. Results indicate that the appreciation rates slightly decreased with distance from a MH unit in Buncombe and Wake, but the reverse is true in Pitt. The statistical analyses reveal that proximity to a manufactured home influences the value of nearby site†built residential property. Estimated property values show that the further away from a manufactured home, the higher the site†built property value, other things being equal.

Suggested Citation

  • Mulatu Wubneh & Guoqiang Shen, 2004. "The Impact of Manufactured Housing on Adjacent Residential Property Values: A GIS Approach Based on Three North Carolina Counties," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 16(1), pages 56-73, March.
    • Handle: RePEc:bla:revurb:v:16:y:2004:i:1:p:56-73
    DOI: 10.1111/j.1467-940X.2004.00080.x
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    Cited by:

    1. Marshall, Maria I. & Marsh, Thomas L., 2007. "Consumer and investment demand for manufactured housing units," Journal of Housing Economics, Elsevier, vol. 16(1), pages 59-71, March.
    2. Pierce, Gregory & Gabbe, C.J. & Gonzalez, Silvia R., 2018. "Improperly-zoned, spatially-marginalized, and poorly-served? An analysis of mobile home parks in Los Angeles County," Land Use Policy, Elsevier, vol. 76(C), pages 178-185.
    3. Cassandra Johnson Gaither & Sadia Afrin & Fernando Garcia-Menendez & M. Talat Odman & Ran Huang & Scott Goodrick & Alan Ricardo da Silva, 2019. "African American Exposure to Prescribed Fire Smoke in Georgia, USA," IJERPH, MDPI, vol. 16(17), pages 1-15, August.
    4. Becker, Charles & Rickert, Timothy, 2019. "Zoned out? The determinants of manufactured housing rents: Evidence from North Carolina," Journal of Housing Economics, Elsevier, vol. 46(C).
    5. Mohsen Amini Khouzani & Davoud Behboudi & Parviz Mohammadzadeh & Mahmoud Shirkosh & Ehsan Rajabi, 2016. "A Consumer and Investment Model of Housing Demand of Iran: Estimation and Policy Implications," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 41-58.
    6. Guoqiang Shen & Zhangye Wang & Long Zhou & Yu Liu & Xiaoyi Yan, 2020. "Home-Based Locational Accessibility to Essential Urban Services: The Case of Wake County, North Carolina, USA," Sustainability, MDPI, vol. 12(21), pages 1-21, November.

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