Valuation Of Ranchette Amenities: A Hedonic Approach
AbstractThroughout the Western United States, production ranches are being subdivided into recreation -oriented "ranchettes". This paper presents a hedonic model for ranchettes, introducing the use of remote sensing vegetative indices and neighborhood characteristics. It is found that increased greenness, access to roads, cities, and proximity to open space increase sale prices.
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Bibliographic InfoPaper provided by Western Agricultural Economics Association in its series 2002 Annual Meeting, July 28-31, 2002, Long Beach, California with number 36547.
Date of creation: 2002
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- John Faux & Gregory M. Perry, 1999. "Estimating Irrigation Water Value Using Hedonic Price Analysis: A Case Study in Malheur County, Oregon," Land Economics, University of Wisconsin Press, vol. 75(3), pages 440-452.
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