The economics of conservation subdivisions: Price premiums, improvement costs, and absorption rates

Urban Affairs Review

Volumn 41, Issue 3, 2006, Pages 376-399

  Mohamed, Rayman ^a  

^a WAYNE STATE UNIVERSITY   (United States)

Author keywords

Conservation subdivisions; Developers; New Urbanism; Open space; Smart growth

Indexed keywords

CONSERVATION PLANNING; DEVELOPMENT CONTROL; OPEN SPACE; PRICE DYNAMICS; URBAN PLANNING;

EID: 29744448161     PISSN: 10780874     EISSN: 15528332     Source Type: Journal    
DOI: 10.1177/1078087405282183     Document Type: Article

References (56)

1. Adams, F. G., G. Milgram, E. W. Green, and C. Mansfield. 1968. Undeveloped land prices during urbanization - micro-empirical study over time. Review of Economics and Statistics 50(2): 248-258.
2. American Planning Association. 1999. Planning communities for the 21st century. Chicago: American Planning Association.
3. Arendt, R. 1997. Basing cluster techniques on development densities appropriate to the area. Journal of the American Planning Association 63(1): 137-145.
4. Arendt, R. 1999a. Crossroads, hamlet, village, town: Design characteristics of traditional neighborhoods, old and new. Chicago: American Planning Association Planning Advisory Service.
5. Arendt, R. 1999b. Growing greener: Conservation subdivision design. Planning Commissioners Journal 33 (Winter): 7-14.
6. Arendt, R., H. Harper, Natural Lands Trust, American Planning Association, and American Society of Landscape Architects. 1996. Conservation design for subdivisions: A practical guide to creating open space networks. Washington, DC: Island Press.
7. Arnold, C. L. J., and C. J. Gibbons. 1996. Impervious surface coverage: The emergence of a key environmental indicator. Journal of the American Planning Association 62(2): 243-258.
8. Asabere, P. K. 1990. The value of a neighborhood street with reference to the cul-de-sac. Journal of Real Estate Finance and Economics 3(2): 185-193.
9. Baerwald, T. 1981. The site selection process of suburban residential builders. Urban Geography 2(4): 339-357.
10. Berke, P. R., J. MacDonald, N. White, and M. Holmes. 2003. Greening development to protect watersheds. Journal of the American Planning Association 69(4): 397-413.
11. Brigham, E. F. 1965. The determinants of residential land values. Land Economics 41(4): 325-334.
12. Brownstone, D., and A. Devany. 1991. Zoning, returns to scale, and the value of undeveloped land. Review of Economics and Statistics 73(4): 699-704.
13. Burchell, R., G. Lowenstein, W. Dolphin, C. Galley, A. Downs, S. Seskin, K. Still, and T. Moore. 2002. Costs of sprawl - 2000. Washington, DC: National Academy Press.
14. Calthorpe, P., and W. B. Fulton. 2001. The regional city: Planning for the end of sprawl. Washington, DC: Island Press.
15. Chicoine, D. L. 1981. Farmland values at the urban fringe: An analysis of sale prices. Land Economics 57(3): 353-362.
16. Cohen, J., and P. Cohen. 1983. Applied multiple regression/correlation analysis for the behavioral sciences. Hillsdale, N. J.: L. Erlbaum Associates.
17. Colwell, P. F. (1999). What I think I have learned about urban land markets. Illinois Real Estate Letter 13:2.
18. Colwell, P. E., and C. F. Sirmans. 1980. Nonlinear urban land prices. Urban Geography 1(2): 141-152.
19. Colwell, P. E., and C. F. Sirmans. 1993. A comment on zoning, returns to scale, and the value of undeveloped land. Review of Economics and Statistics 75(4): 783-786.
20. Correll, M. R., J. H. Lillydahl, and L. D. Singell. 1978. The effects of greenbelts on residential property values: Some findings on the political economy of open space. Land Economics 54(2): 207-217.
21. Daniels, T. 1997. Where does cluster zoning fit in farmland protection? Journal of the American Planning Association 63(1): 129-137.
22. Danielsen, K. A., R. E. Lang, and W. Fulton. 1999. Retracting suburbia: Smart growth and the future of housing. Housing Policy Debate 10(3): 513-540.
23. DeMaris, A. 2004. Regression with social data: Modeling continuous and limited response variables. Hoboken, NJ: Wiley-Interscience.
24. Dramstad, W. E., J. D. Olson, and R. T. T. Forman. 1996. Landscape ecology principles in landscape architecture and land-use planning. Washington, DC: Island Press.
25. Fulton, W. B. 1996. The new urbanism: Hope or hype for American communities? Cambridge, MA: Lincoln Institute of Land Policy.
26. Gujarati, D. N. 1995. Basic Econometrics. New York: McGraw Hill.
27. Guntermann, K. L. 1997. Residential land prices prior to development. Journal of Real Estate Research 14(1): 1-17.
28. Gyourko, J., and W. Rybczynski. 2000. Financing new urbanism projects: obstacles and solutions. Housing Policy Debate 11(3): 733-750.
29. Hammer, T. R., R. E. Coughlin, and E. T. Horn. 1974. The effect of a large urban park on real estate value. Journal of the American Institute of Planners 40(4): 274-277.
30. Hughes, W. T., and C. F. Sirmans. 1992. Traffic externalities and single-family house prices. Journal of Regional Science 32(4): 487-500.
31. Hughes, W. T., and G. K. Turnbull. 1996. Uncertain neighborhood effects and restrictive covenants. Journal of Urban Economics 39(2): 160-172.
32. Kaplan, R., M. E. Austin, and S. Kaplan. 2004. Open space communities - Resident perceptions, nature benefits, and problems with terminology. Journal of the American Planning Association 70(3): 300-312.
33. Kenney, K. (1972). The residential land developer and his land purchase decision. Department of City and Regional Planning. Chapel Hill: Univ. Of North Carolina.
34. Knaap, G. 1985. The price effects of urban-growth boundaries in metropolitan Portland, Oregon. Land Economics 61(1): 26-35.
35. Leung, L. 1987. Developer behavior and development control. Land Development Studies 4: 17-34.
36. Li, M. M., and H. J. Brown. 1980. Micro-neighborhood externalities and hedonic housing prices. Land Economics 56(2): 125-141.
37. Lindsey, G., and G. Knaap. 1999. Willingness to pay for urban greenway projects. Journal of the American Planning Association 65(3): 297-313.
38. National Association of Homebuilders. 1986. Cost-effective site planning: Single-family development. Washington, DC: National Association of Home Builders.
39. Nelson, A. 1985. A unifying view of greenbelt influences on regional land values and implications for regional-planning policy. Growth and Change 16(2): 43-48.
40. Nelson, A., and J. Duncan. 1995. Growth management principles and practices. Chicago: APA Planners Press.
41. Nelson, A., and G. Knaap. 1987. A theoretical and empirical argument for centralized regional sewer planning. Journal of the American Planning Association 53(4): 479-486.
42. Odell, E. A., D. M. Theobald, and R. L. Knight. 2003. Incorporating ecology into land use planning: The songbirds' case for clustered development. Journal of the American Planning Association 69(1): 72-82.
43. Ostrom, E. 1990. Governing the commons: The evolution of institutions for collective action. Cambridge, UK: Cambridge Univ. Press.
44. Pauker, T. 1997. Testing neotraditionalism by its economics. Journal Of The American Planning Association 63(4): 509-509.
45. Peiser, R. B., and G. M. Schwann. 1993. The private value of public open space within subdivisions. Journal of Architectural and Planning Research 10(2): 91-104.
46. R. S. Means. 2001. Means building construction cost data 2001 book. Kingston, MA: R. S. Means.
47. Randolph, J. 2004. Environmental land use planning and management. Washington, DC: Island Press.
48. Rocky Mountain Institute. 1998. Green development: integrating ecology and real estate. New York: Wiley.
49. Speyrer, J. F. 1989. The effect of land-use restrictions on market values of single-family homes in Houston. Journal of Real Estate Finance and Economics 2: 117-130.
50. Sutro, S. 1990. Reinventing the village. Chicago: APA Planners Press.
51. Thompson, R. H. 2004. Overcoming barriers to ecologically sensitive land management - Conservation subdivisions, green developments, and the development of a land ethic. Journal Of Planning Education And Research 24(2): 141-153.
52. Thorsnes, P. 2000. Internalizing neighborhood externalities: The effect of subdivision size and zoning on residential lot prices. Journal of Urban Economics 48(3): 397-418.
53. Thorsnes, P. 2002. The value of a suburban forest preserve: Estimates from sales of vacant residential building lots. Land Economics 78(3): 426-441.
54. Town of South Kingstown. 2000. Annual action agenda.
55. Town of South Kingstown. (February 14, 1995, with amendments through 2002). Subdivision and land development regulations.
56. Wiewel, W., J. Persky, and M. Sendzik. 1999. Private benefits and public costs: Policies to address suburban sprawl. Policy Studies Journal 27(1): 96-114.