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Valuing House and Landscape Attributes: Application of the Hedonic Pricing Technique

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Author Info
Coley, Madison C.
Florkowski, Wojciech J.
Abstract

Hedonic pricing is used to determine the effect of a landscape element such as the lawn area on the home selling price of single-family homes in Athens, Georgia. Results show that lawn area and the use of zoysiagrass as the dominant species positively and significantly influenced the selling price.

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File URL: http://purl.umn.edu/35385
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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida with number 35385.

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Date of creation: 2006
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Handle: RePEc:ags:saeaso:35385

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Keywords: Land Economics/Use;

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  1. Goodman, Allen C., 1998. "Andrew Court and the Invention of Hedonic Price Analysis," Journal of Urban Economics, Elsevier, vol. 44(2), pages 291-298, September. [Downloadable!] (restricted)
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