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MEASURED EFFECTS OF FEEDLOTS ON RESIDENTIAL PROPERTY VALUES IN MINNESOTA: A REPORT TO THE LEGISLATURE AgEcon
Taff, Steven J.; Tiffany, Douglas G.; Weisberg, Sanford.
We were asked by the Legislature to conduct "research into the effects feedlots have on the value of nearby property." To do so, we carried out a statistical examination of the interrelationships among residential property sales prices and nearby feedlots in a southwestern Minnesota study area. Structure and location data for 292 residential property sales in Redwood and Renville Counties, excluding the cities of Olivia and Redwood Falls, were linked to the location and physical characteristics of every larger feedlot within three miles of each sale. The basic approach was to ask, "Does the addition of information about feedlot proximity help us explain observed house prices beyond the explanatory power of statistical models that use only the house's...
Tipo: Working or Discussion Paper Palavras-chave: Land Economics/Use; Livestock Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/14121
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