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The relationship between property values and railroad proximity: a study based on hedonic prices and real estate brokers' appraisals

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Author Info

  • Jon Strand

    ()

  • Mette Vågnes

    ()

Abstract

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File URL: http://hdl.handle.net/10.1023/A:1010396902050
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Bibliographic Info

Article provided by Springer in its journal Transportation.

Volume (Year): 28 (2001)
Issue (Month): 2 (May)
Pages: 137-156

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Handle: RePEc:kap:transp:v:28:y:2001:i:2:p:137-156

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Web page: http://www.springerlink.com/link.asp?id=103007

Related research

Keywords: cost-benefit analysis; expert panels; hedonic pricing; railroad noise;

References

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  1. O'Byrne, Patricia Habuda & Nelson, Jon P. & Seneca, Joseph J., 1985. "Housing values, census estimates, disequilibrium, and the environmental cost of airport noise: A case study of Atlanta," Journal of Environmental Economics and Management, Elsevier, vol. 12(2), pages 169-178, June.
  2. Harrison, David Jr. & Rubinfeld, Daniel L., 1978. "Hedonic housing prices and the demand for clean air," Journal of Environmental Economics and Management, Elsevier, vol. 5(1), pages 81-102, March.
  3. Freeman, A Myrick, III, 1979. " Hedonic Prices, Property Values and Measuring Environmental Benefits: A Survey of the Issues," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(2), pages 154-73.
  4. Halvorsen, B. & Strand, J. & Saelensminde, K. & Wenstop, F., 1996. "Comparing Contingent Valuation, Conjoint Analysis and Decision Panels: An Application to the Valuation of reduced Damage from Air Pollution in Norway," Memorandum 37/1996, Oslo University, Department of Economics.
  5. Rüdiger von Nitzsch & Martin Weber, 1993. "The Effect of Attribute Ranges on Weights in Multiattribute Utility Measurements," Management Science, INFORMS, vol. 39(8), pages 937-943, August.
  6. Button, Kenneth & Nijkamp, Peter, 1997. "Environmental Policy Assessment and the Usefulness of Meta-analysis," Socio-Economic Planning Sciences, Elsevier, vol. 31(3), pages 231-240, September.
  7. Maler, Karl-Goran, 1977. "A note on the use of property values in estimating marginal willingness to pay for environmental quality," Journal of Environmental Economics and Management, Elsevier, vol. 4(4), pages 355-369, December.
  8. Vuk, Drago & Kozelj, Bogomir & Mladineo, Nenad, 1991. "Application of multicriterional analysis on the selection of the location for disposal of communal waste," European Journal of Operational Research, Elsevier, vol. 55(2), pages 211-217, November.
  9. Stam, Antonie & Kuula, Markku & Cesar, Herman, 1992. "Transboundary air pollution in Europe: An interactive multicriteria tradeoff analysis," European Journal of Operational Research, Elsevier, vol. 56(2), pages 263-277, January.
  10. Myrick Freeman, A. III, 1974. "On estimating air pollution control benefits from land value studies," Journal of Environmental Economics and Management, Elsevier, vol. 1(1), pages 74-83, May.
  11. Carlsen Arne J. & Strand Jon & Wenstop Fred, 1993. "Implicit Environmental Costs in Hydroelectric Development: An Analysis of the Norwegian Master Plan for Water Resources," Journal of Environmental Economics and Management, Elsevier, vol. 25(3), pages 201-211, November.
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Citations

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Cited by:
  1. Sebastian Brandt & Wolfgang Maennig, 2012. "The impact of rail access on condominium prices in Hamburg," Transportation, Springer, vol. 39(5), pages 997-1017, September.
  2. Roi Durán & María Xosé Vázquez Rodríguez, 2009. "Efectos sociales de la contaminación acústica. Una aplicación de valoración al transporte ferroviario," Hacienda Pública Española, IEF, vol. 191(4), pages 27-42, December.
  3. NAUGES Céline & STRAND Jon, 2006. "The Value of Water Connections in Central American Cities: A Revealed Preference Study," LERNA Working Papers 06.23.216, LERNA, University of Toulouse.
  4. Liu, Sezhu & Hite, Diane, 2013. "Measuring the Effect of Green Space on Property Value: An Application of the Hedonic Spatial Quantile Regression," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143045, Southern Agricultural Economics Association.
  5. Leung, Charles Ka Yui & Ma, Wai Yip & Zhang, Jun, 2013. "The Market Valuation of Interior Design and Developers strategies: a simple Theory and some Evidence," MPRA Paper 43896, University Library of Munich, Germany.
  6. Giani Ionel Grădinaru & Ildiko Ioan, 2012. "Estimating the Impact of Landfill Proximity on the Value of Real Estate Goods," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(31), pages 38-49, February.
  7. Turnquist, Alan & Fortenbery, T. Randall & Foltz, Jeremy D., 2008. "Progress or Devastation? The Effects of Ethanol Plant Location on Local Land Use," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6125, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  8. David E. Clark, 2005. "The Effects of Ignoring Train Whistle Bans on Residential Property Values," Working Papers and Research 0504, Marquette University, Center for Global and Economic Studies and Department of Economics.

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