| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Residential Land Values in Urbanizing Areas
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| Autores: |
Kaltsas, Ioannis K.
Bosch, Darrell J.
McGuirk, Anya M.
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| Data: |
2009-02-03
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| Ano: |
2008
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| Palavras-chave: |
Development
Fixed effects
Hedonic model
Property values
Residential density
Spatial econometrics
Agribusiness
Land Economics/Use
Q24
C25
C52
|
| Resumo: |
Zoning decisions related to residential lot size and density affect residential land value. Effects of size on residential parcel value in Roanoke County, VA, are estimated with fixed effects hedonic models. Parcel size; elevation; soil permeability; proximity to urban areas, malls, and roads; and location influence parcel value, but the effects vary by value of construction and development status. Parcel value per square meter declines with increasing parcel size. The estimated relationships could be used to evaluate zoning decisions in terms of land values and tax revenues if model estimation uncertainties and responses by developers to zoning strategies are considered.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/47204
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 40, Number 02, August 2008
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| Formato: |
13
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|
