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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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  • Jon Strand
  • Mette Vågnes

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  • Jon Strand & Mette Vågnes, 2001. "The relationship between property values and railroad proximity: a study based on hedonic prices and real estate brokers' appraisals," Transportation, Springer, vol. 28(2), pages 137-156, May.
    • Handle: RePEc:kap:transp:v:28:y:2001:i:2:p:137-156
    DOI: 10.1023/A:1010396902050
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    10. V. Kerry Smith & Yoshiaki Kaoru, 1990. "Signals or Noise? Explaining the Variation in Recreation Benefit Estimates," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 419-433.
    11. 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 1996_037, Oslo University, Department of Economics.
    12. 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.
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    14. 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 154-173.
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    Cited by:

    1. Saad AlQuhtani & Ardeshir Anjomani, 2021. "Do Rail Transit Stations Affect the Population Density Changes around Them? The Case of Dallas-Fort Worth Metropolitan Area," Sustainability, MDPI, vol. 13(6), pages 1-21, March.
    2. 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.
    3. Thiel, Patrick, 2022. "Evaluation of railroad noise: The proximity to railroads and its effect on house prices," Ruhr Economic Papers 981, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    4. Roi Durán & María Xosé Vázquez Rodríguez, 2009. "Efectos sociales de la contaminación acústica. Una aplicación de valoración al transporte ferroviario," Hacienda Pública Española / Review of Public Economics, IEF, vol. 191(4), pages 27-42, December.
    5. Irene Cinelli & Giorgio Anfuso & Sandro Privitera & Enzo Pranzini, 2021. "An Overview on Railway Impacts on Coastal Environment and Beach Tourism in Sicily (Italy)," Sustainability, MDPI, vol. 13(13), pages 1-18, June.
    6. Charles Ka Yui LEUNG & Wai Yip MA & Jun ZHANG, 2014. "The Market Valuation of Interior Design and Developer Strategies: A Simple Theory and Some Evidence," International Real Estate Review, Global Social Science Institute, vol. 17(1), pages 63-107.
    7. Bae, Chang-Hee Christine & Jun, Myung-Jin & Park, Hyeon, 2003. "The impact of Seoul's subway Line 5 on residential property values," Transport Policy, Elsevier, vol. 10(2), pages 85-94, April.
    8. 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.
    9. David E. Clark, 2006. "Externality Effects on Residential Property Values: The Example of Noise Disamenities," Growth and Change, Wiley Blackwell, vol. 37(3), pages 460-488, September.
    10. John Murray & Eleni Bardaka, 2022. "Evaluating the spatial and temporal distribution of beltway effects on housing prices using difference-in-differences methods," Transportation, Springer, vol. 49(6), pages 1963-1998, December.
    11. 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.
    12. Nauges, Cã‰Line & Strand, Jon & Walker, Ian, 2009. "The value of water connections in Central American cities: a revealed preference study," Environment and Development Economics, Cambridge University Press, vol. 14(3), pages 349-370, June.
    13. Junhong Im & Sung Hyo Hong, 2018. "Impact of a new subway line on housing values in Daegu, Korea: Distance from existing lines," Urban Studies, Urban Studies Journal Limited, vol. 55(15), pages 3318-3335, November.
    14. Tang, Chuan & Czajkowski, Jeffrey & Heintzelman, Martin D. & Li, Minghao & Montgomery, Marilyn, 2020. "Rail accidents and property values in the era of unconventional energy production," Journal of Urban Economics, Elsevier, vol. 120(C).
    15. Chen, Zhenhua & Haynes, Kingsley E., 2015. "Impact of high speed rail on housing values: an observation from the Beijing–Shanghai line," Journal of Transport Geography, Elsevier, vol. 43(C), pages 91-100.
    16. Aliyu Ahmad Aliyu & Olurotimi Adebowale Kemiki & Muhammad Umar Bello, 2018. "Analysis of Current Empirical Studies on Transport Value-Added Effect and Proximate Housing Price Capture," Traektoriâ Nauki = Path of Science, Altezoro, s.r.o. & Dialog, vol. 4(12), pages 1001-1020, December.
    17. Jin Han Park & Dong Kun Lee & Chan Park & Ho Gul Kim & Tae Yong Jung & Songyi Kim, 2017. "Park Accessibility Impacts Housing Prices in Seoul," Sustainability, MDPI, vol. 9(2), pages 1-14, January.
    18. Löw, Franziska & Lüth, Hendrik, 2021. "Quality Signals on Airbnb: A Hedonic Regression Approach," Working Paper 189/2021, Helmut Schmidt University, Hamburg.
    19. Martin D. Heintzelman, 2010. "Measuring the Property-Value Effects of Local Land Use and Preservation Referenda," Land Economics, University of Wisconsin Press, vol. 86(1), pages 22-47.
    20. Chen, Zhenhua & Xue, Junbo & Rose, Adam Z. & Haynes, Kingsley E., 2016. "The impact of high-speed rail investment on economic and environmental change in China: A dynamic CGE analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 92(C), pages 232-245.
    21. 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).
    22. Sebastian Brandt & Wolfgang Maennig, 2012. "The impact of rail access on condominium prices in Hamburg," Transportation, Springer, vol. 39(5), pages 997-1017, September.
    23. Mathur, Shishir & Ferrell, Christopher, 2013. "Measuring the impact of sub-urban transit-oriented developments on single-family home values," Transportation Research Part A: Policy and Practice, Elsevier, vol. 47(C), pages 42-55.

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