Environment and value Does drinking water quality affect house prices?

Journal of Property Investment & Finance

Volumn 17, Issue 5, 1999, Pages 444-463

  Des Rosiers, François ^a   Bolduc, Alain ^b   Thériault, Marius ^a  

^a UNIVERSITÉ LAVAL   (Canada)

^b Ministry of Transportation   (Canada)

Author keywords

Environmental monitoring; Modelling; Property valuation; Urban environment

Indexed keywords

EID: 84986104609     PISSN: 1463578X     EISSN: None     Source Type: Journal    
DOI: 10.1108/14635789910294877     Document Type: Article

References (42)

1. Brookshire, D.S., Thayer, M.A., Schulze, W.D. and D'Arge, R.C. (1982), “Valuing public goods: a comparison of survey and hedonic approaches”, The American Economics Review, Vol. 72, pp. 165-77.
2. Cartee, C.P. (1989), “A review of sanitary landfill impacts on property values”, The Real Estate Appraiser and Analyst, Vol. 55 No. 2, pp. 43-6.
3. Colwell, P.F. (1990), “Power lines and land values”, Journal of Real Estate Research, Vol. 5 No. 1, pp. 117-27.
4. Colwell, P.F. and Foley, K.W. (1979), “Electric transmission lines and the selling price of residential property”, The Appraisal Journal, Vol. 47 No. 4, pp. 490-9.
5. Delaney, C.J. and Timmons, D. (1992), “High voltage power lines: do they affect residential property value?”, Journal of Real Estate Research, Vol. 7 No. 3, pp. 315-29.
6. Des Rosiers, F. (1992), Composition du Panier Résidentiel et Segmentation du Marché: Le Cas de Québec, SCHL, April, 53 pages plus annexes.
7. Des Rosiers, F. (1998), “High-voltage transmission lines and property values: a microspatial approach to impact measurement”, Working Paper No. 98-020, Faculty of Business Administration, Laval University, June, p. 24.
8. Des Rosiers, F. and Thériault, M. (1992), “Integrating geographic information systems to hedonic price modeling: an application to the Quebec region”, Property Tax Journal, March, pp. 29-57.
9. Des Rosiers, F. and Thériault, M. (1996), “House prices, neighborhood factors and spatial dynamics: improving hedonic modeling using trend surface analysis”, Working Paper No. 96-04, Faculty of Business Administration, Laval University, January, p. 13.
10. Diamond, D.B. Jr (1980), “The relationship between amenities and urban land prices”, Land Economics, Vol. 56 No. 1, pp. 21-32.
11. Emerson, F.C. (1972), “Valuation of residential amenities: an economic approach”, The Appraisal Journal, Vol. 40, pp. 268-78.
12. Ford, D.A. and Gilligan, M. (1988), “The effect of lead paint abatement laws on rental property values”, AREUEA Journal, Vol. 16 No. 1, pp. 35-46.
13. Furby, L., Slovic, P., Fischhoff, B. and Gregory, R. (1988), “Public perception of electric power transmission lines”, Journal of Environmental Psychology, Vol. 27, pp. 69-83.
14. Gamble, B.H. and Downing, H.R. (1982), “Effects of nuclear power plants on residential property values”, Journal of Regional Science, Vol. 22 No. 4, pp. 457-78.
15. Graves, P., Murdoch, J.C., Thayer, M.A. and Waldman, D. (1988), “The robustness of hedonic price estimation: urban air quality”, Land Economics, Vol. 64 No. 3, pp. 220-33.
16. Hamilton, S.W. and Schwann, G.M. (1995), “Do high voltage electric transmission lines affect property value?”, Land Economics, Vol. 71 No. 4, pp. 436-44.
17. Kask, S.B. and Maani, S.A. (1992), “Uncertainty, information and hedonic pricing”, Land Economics, Vol. 68 No. 2, pp. 170-84.
18. Ketkar, K. (1992), “Hazardous waste sites and property values in the state of New Jersey”, Applied Economics, Vol. 24, pp. 647-59.
19. Kinnard, W.N. Jr (1990), “The impact of high-voltage transmission lines on real estate values”, Journal of Property Tax Management, Vol. 1 No. 4, pp. 324-46.
20. Kinnard, W.N. Jr and Dickey, S.A. (1995), “A primer on proximity impact research: residential property values near high-voltage transmission lines”, Real Estate Issues, Vol. 20 No. 1, pp. 23-9.
21. Kinnard, W.N. Jr., Geckler, M.B. and DeLottie, J.W. (1996), Effects of Proximity to High-voltage Transmission Lines on Nearby Residential Property Values: An International Perspective, Real Estate Counseling Group of Connecticut, Inc., August.
22. Kroll, C.A. and Priestley, T. (1991), The Effects of Overhead Transmission Lines on Property Values: A Review and Analysis of the Literature, Edison Electric Institute, Washington, DC, December.
23. Mendelsohn, R., Hellerstein, D., Hughenin, M., Unseworth, R. and Brazee, R. (1992), “Measuring hazardous waste damages with panel models”, Journal of Environmental Economics and Management, Vol. 22, pp. 259-71.
24. Michaels, R.G. and Smith, V.K. (1990), “Market segmentation and valuing amenities with hedonic models: the case of hazardous waste site”, Journal of Urban Economics, Vol. 28, pp. 223-42.
25. Ministry of the Environment of Quebec (1988), Regulation on Drinking Water, May.
26. Mundy, B. (1992), “The impact of hazardous materials on property values”, The Appraisal Journal, Vol. 60 No. 2, pp. 155-62.
27. Murdoch, J.C. and Thayer, M.A. (1988), “Hedonic price estimation of variable urban air quality”, Journal of Environmental Economics and Management, Vol. 15, pp. 143-6.
28. Murdoch, J.C., Singh, H. and Thayer, M. (1993), “The impact of natural hazards on housing values: the Loma Prieta earthquake”, AREURA Journal, Vol. 21 No. 2, pp. 167-84.
29. Nelson, A.C., Genereux, J. and Genereux, M. (1992), “Price effects of landfills on house value”, Land Economics, Vol. 68 No. 4, pp. 359-65.
30. Nelson, J.P. (1980), “Airports and property values”, Journal of Transport Economics and Policy, Vol. 14 No. 1, pp. 37-52.
31. Nelson, J.P. (1981), “Three Mile Island residential property values: empirical analysis and policy implications”, Land Economics, Vol. 57 No. 3, pp. 363-72.
32. Neter, J., Wasserman, W. and Kutner, M.H. (1985), Applied Linear Statistical Models, 2nd ed., R.D. Irwin, Homewood, IL, pp. 391-2.
33. O'Byrne, P.H., Nelson, J.P. and Seneca, J.J. (1985), “Housing values, census estimates, desequilibrium and the environmental cost of airport noise: a case study of Atlanta”, Journal of Environmental Economics and Management, Vol. 12, pp. 169-78.
34. Orland, B., Vining, J. and Ebreo, A. (1992), “The effect of street trees on perceived values of residential property”, Environment and Behavior, Vol. 24 No. 3, pp. 298-325.
35. Palmquist, R.B. (1984), “Estimating the demand for the characteristics of housing”, The Review of Economics and Statistics, Vol. 66, pp. 394-404.
36. Palmquist, R.B. (1988), “Welfare measurement for environmental improvements using the hedonic model: the case of nonparametric marginal prices”, Journal of Environmental Economics and Management, Vol. 15, pp. 297-312.
37. Pennington, G., Topham, N. and Ward, R. (1990), “Aircraft noise and residential property values adjacent to Manchester International Airport”, Journal of Transport Economics and Policy, Vol. 24 No. 1, pp. 49-59.
38. Rosen, S. (1974), “Hedonic prices and implicit markets: product differentiation in pure competition”, Journal of Political Economics, Vol. 82, pp. 34-55.
39. Smith, V.K. and Desvousges, W.H. (1986), “The value of avoiding a LULU: hazardous waste disposable sites”, The Review of Economics and Statistics, Vol. 68, pp. 293-9.
40. Uyeno, D., Hamilton, S.W. and Biggs, A.J.G. (1993), “Density of residential land use and the impact of airport noise”, Journal of Transport Economics and Policy, Vol.27 No. 1, pp. 3-17.
41. Zeiss, C. (1989), “Waste facility impacts on residential property values”, Journal of Urban Planning and Development, Vol. 115 No. 2, pp. 64-80.
42. Zeiss, C. (1990), “Incinerator impacts on residential property sales: beyond price effects”, Journal of Urban Planning and Development, Vol. 116 No. 2, pp. 80-97.