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The Influence of Riparian Protection Measures on Residential Property Values: The Case of the Oregon Plan for Salmon and Watersheds

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  • Mooney, Sian
  • Eisgruber, Ludwig M
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    Abstract

    The Oregon Plan for Salmon and Watersheds encourages residential property owners to plant riparian buffers in an effort to reduce stream temperature and thus improve fish habitat. This study estimates the change in the value of streamside residential properties in response to planting a treed riparian buffer. A hedonic pricing analysis suggests that treed riparian buffers reduce the market value of stream-front residential property in the study area. Copyright 2001 by Kluwer Academic Publishers

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    Bibliographic Info

    Article provided by Springer in its journal Journal of Real Estate Finance & Economics.

    Volume (Year): 22 (2001)
    Issue (Month): 2-3 (March-May)
    Pages: 273-86

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    Handle: RePEc:kap:jrefec:v:22:y:2001:i:2-3:p:273-86

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    Web page: http://www.springerlink.com/link.asp?id=102945

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    Cited by:
    1. Sengupta, Sanchita & Osgood, Daniel Edward, 2003. "The value of remoteness: a hedonic estimation of ranchette prices," Ecological Economics, Elsevier, vol. 44(1), pages 91-103, February.
    2. CARUSO, Geoffrey & PEETERS, Dominique & CAVAILHES, Jean & ROUNSEVELL, Mark, . "Spatial configurations in a periurban city. A cellular automata-based microeconomic model," CORE Discussion Papers RP -1986, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Lynch, Lori & Hardie, Ian W. & Parker, Douglas D., 2002. "Analyzing Agricultural Landowners' Willingness To Install Streamside Buffers," Working Papers 28570, University of Maryland, Department of Agricultural and Resource Economics.
    4. Hodgkinson, Ann & Valadkhani, Abbas, 2009. "Community Valuations of Environmental Qality in Coastal Lakes: Lake Illawarra Case Study," Economics Working Papers wp09-03, School of Economics, University of Wollongong, NSW, Australia.

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