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Valuation Of Ranchette Amenities: A Hedonic Approach

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  • Sengupta, Sanchita
  • Osgood, Daniel E.

Abstract

Throughout 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.

Suggested Citation

  • Sengupta, Sanchita & Osgood, Daniel E., 2002. "Valuation Of Ranchette Amenities: A Hedonic Approach," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36547, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waealb:36547
    DOI: 10.22004/ag.econ.36547
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    References listed on IDEAS

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