IDEAS home Printed from https://ideas.repec.org/a/taf/rjerxx/v32y2010i3p321-340.html

Do Landfills Always Depress Nearby Property Values?

Author

Listed:
  • Richard Ready

Abstract

All available hedonic pricing estimates of the impact of landfills on nearby property values are assembled, including original estimates for three landfills in Pennsylvania. A meta-analysis shows landfills that accept high volumes of waste (500 tons per day or more) decrease adjacent residential property values by 13.7%, on average. This impact diminishes with distance at a gradient of 5.9% per mile. Lower-volume landfills decrease adjacent property values by 2.7%, on average, with a gradient of 1.3% per mile. While essentially all high-volume landfills negatively impact nearby property values, 20%–26% of low-volume landfills do not impact nearby property values.

Suggested Citation

  • Richard Ready, 2010. "Do Landfills Always Depress Nearby Property Values?," Journal of Real Estate Research, Taylor & Francis Journals, vol. 32(3), pages 321-340, January.
    • Handle: RePEc:taf:rjerxx:v:32:y:2010:i:3:p:321-340
    DOI: 10.1080/10835547.2010.12091279
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2010.12091279
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2010.12091279?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yoo, James & Simonit, Silvio & Connors, John P. & Maliszewski, Paul J. & Kinzig, Ann P. & Perrings, Charles, 2013. "The value of agricultural water rights in agricultural properties in the path of development," Ecological Economics, Elsevier, vol. 91(C), pages 57-68.
    2. Yoo, James & Perrings, Charles & Kinzig, Ann & Abbott, Joshua K. & Simonit, Silvio & Connors, John P. & Maliszewski, Paul J., 2012. "The Value of Water Rights in Agricultural Properties in the Phoenix Active Management Area," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124095, Agricultural and Applied Economics Association.
    3. Zhang, Zhaohua & Hite, Diane, 2016. "Residential Location Impacts of Environmental Disamenity: The Case of Gravel Pit Operation and Landfills," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 229739, Southern Agricultural Economics Association.
    4. Ogieriakhi, Macson O. & Wang, Xingguo, 2024. "Do mandatory environmental policies really work? A case study of California's mandatory commercial recycling law," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 915-930.
    5. Mario du Preez & Mehmet Balcilar & Aarifah Razak & Steven F. Koch & Rangan Gupta, 2014. "House Values and Proximity to a Landfill: A Quantile Regression Framework," Working Papers 201442, University of Pretoria, Department of Economics.
    6. Nie, Rong & Song, Jinbo & Carneiro, Juliana, 2024. "Does emissions data disclosure of Waste-to-Energy incineration plants mitigate NIMBYism concerns? Evidence from the housing market," The Warwick Economics Research Paper Series (TWERPS) 1527, University of Warwick, Department of Economics.
    7. Ben Hoen & Carol Atkinson-Palombo, 2016. "Wind Turbines, Amenities and Disamenities: A Study of Home Value Impacts in Densely Populated Massachusetts," Journal of Real Estate Research, American Real Estate Society, vol. 38(4), pages 473-504.
    8. Hoffmann, Christin & Byrukuri Gangadhar, Shanmukha Srinivas & Müsgens, Felix, 2025. "Smells like Green Energy: The Impact of Bioenergy Production on Residential Property Values in Germany," Energy Economics, Elsevier, vol. 145(C).
    9. Gema Fernandez-Aviles & Roman Minguez & Jose-Maria Montero, 2012. "Geostatistical Air Pollution Indexes in Spatial Hedonic Models: The case of Madrid, Spain," Journal of Real Estate Research, American Real Estate Society, vol. 34(2), pages 243-274.
    10. Marvin Schütt, 2024. "Wind Turbines and Property Values: A Meta-Regression Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(1), pages 1-43, January.
    11. Ben Hoen & Jason Brown & Thomas Jackson & Mark Thayer & Ryan Wiser & Peter Cappers, 2015. "Spatial Hedonic Analysis of the Effects of US Wind Energy Facilities on Surrounding Property Values," The Journal of Real Estate Finance and Economics, Springer, vol. 51(1), pages 22-51, July.
    12. Marvin Schütt, 2021. "Systematic Variation in Waste Site Effects on Residential Property Values: A Meta-Regression Analysis and Benefit Transfer," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 78(3), pages 381-416, March.

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjerxx:v:32:y:2010:i:3:p:321-340. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjer20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.