Bloom and bust: Toxic algae's impact on nearby property values

Do Landfills Always Depress Nearby Property Values?

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 metaanalysis shows that landfills that accept high volumes of waste (500 tons per day or more) decrease adjacent residential property values by 12.9%, on average. This impact diminishes with distance at a gradient of 5.9%...

The Impact of Detrimental Conditions on Property Values

Detrimental conditions that affect property values range from temporary conditions and market perceptions to construction defects, environmental contamination, and geotechnical issues. Quantifying the impact of DCs is significantly more complex and challenging than working through the three approaches to value. The author has discovered distinctive graphic patterns in his study of DCs and group...

The Effect of Voluntary Brownfields Programs on Nearby Property Values: Evidence from Illinois

Brownfields are properties for which redevelopment is hampered by known or suspected contamination and by concerns about associated liability. Because failing to redevelop brownfields may negatively affect welfare and the environment, a number of states have created voluntary programs to reduce liability risks and encourage redevelopment of brownfields. For clean or remediated properties, the s...

The Effect of Start-Up Charter Schools on Nearby Property Values

Treatment Centers on Property Values

The primary residence is perhaps the greatest single investment made by an individual and the mantra ‘‘location, location, location’’ is an ever-present concern of a prospective buyer. Before purchasing a home, a savvy buyer will frequently research the community and the school system, as well as the crime statistics. When homeowners are made aware of an application for a special use permit for...