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Does Small Dam Removal Affect Local Property Values? An Empirical Analysis

Author

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  • Brovencher, Bill

    (U of Wisconsin)

  • Sarakinos, Helen

    (River Alliance of Wisconsin)

  • Meyer, Tanya

    (U of Wisconsin)

Abstract

This paper uses hedonic analysis to examine the impact of small dam removal on property values in South-central Wiscosin. Data on residential property sales were obtained for three categories of sites: those where a dam is intact, those where a dam was recently removed, and those where the stream has been free-flowing for at least 20 years. The primary conclusions that emerge from the data are that residential property located in the vicinity of a free-flowing stream is more valuable than identical property in the vicinity of a small impoundment, and that shoreline frontage along small impoundments confers no increase in residential property value compared to frontage along free-flowing streams.

Suggested Citation

  • Brovencher, Bill & Sarakinos, Helen & Meyer, Tanya, 2006. "Does Small Dam Removal Affect Local Property Values? An Empirical Analysis," Staff Paper Series 501, University of Wisconsin, Agricultural and Applied Economics.
    • Handle: RePEc:ecl:wisagr:501
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    File URL: http://www.aae.wisc.edu/pubs/sps/pdf/stpap501.pdf
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    References listed on IDEAS

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