Advanced Search
MyIDEAS: Login

The Implications of Federal Wetland Protection Programs for the Real Estate Appraisal Industry

Contents:

Author Info

Registered author(s):

    Abstract

    Because most of the services that natural wetlands provide are nonexclusive, the economic value of these services is not capitalized into their market price. Because land markets tend to favor development of natural wetlands without recognizing the opportunity cost of natural wetland services forgone, the federal government has deemed it necessary to regulate wetland development. Enforcement of these regulations increases the cost and risk of wetland development, thereby reducing the market price of wetlands. Appraisers who value wetlands must consider the effect of these regulations on wetland values or face the possibility of liability claims and costly litigation.

    Download Info

    If 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.
    File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol05n01/v05p153.pdf
    File Function: Full text
    Download Restriction: no

    Bibliographic Info

    Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

    Volume (Year): 5 (1990)
    Issue (Month): 1 ()
    Pages: 153-166

    as in new window
    Handle: RePEc:jre:issued:v:5:n:1:1990:p:153-166

    Contact details of provider:
    Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
    Email:
    Web page: http://www.aresnet.org/

    Order Information:
    Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
    Email:
    Web: http://aux.zicklin.baruch.cuny.edu/jrer/about/get.htm

    Related research

    Keywords:

    Find related papers by JEL classification:

    References

    References listed on IDEAS
    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.:
    as in new window
    1. Danielson, Leon E. & Leitch, Jay A., 1986. "Private vs public economics of prairie wetland allocation," Journal of Environmental Economics and Management, Elsevier, vol. 13(1), pages 81-92, March.
    2. Frederick W. Bell & Vernon R. Leeworthy, 1987. "Economic Demand for Marinas and Projected Impact on Wetlands," Land Economics, University of Wisconsin Press, vol. 63(1), pages 79-91.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Heimlich, Ralph E. & Wiebe, Keith D. & Claassen, Roger & Gadsby, Dwight M. & House, Robert M., 1998. "Wetlands and Agriculture: Private Interests and Public Benefits," Agricultural Economics Reports 34043, United States Department of Agriculture, Economic Research Service.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:5:n:1:1990:p:153-166. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JRER Graduate Assistant/Webmaster).

    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.