Open Space at the Rural-Urban Fringe: A Joint Spatial Hedonic Model of Developed and Undeveloped Land Values

2006 ◽  
Author(s):  
Diane Hite ◽  
Andres Jauregui ◽  
Brent L. Sohngen ◽  
Greg J. Traxler
Keyword(s):  
Open Space ◽  
Urban Fringe ◽  
Hedonic Model ◽  
Land Values ◽  
Spatial Hedonic Model

scholarly journals Urban Structure in Troubled Times: The Evolution of Principal and Secondary Core/Periphery Gaps through the Prism of Residential Land Values

2021 ◽  
Vol 13 (10) ◽  
pp. 5722
Author(s):  
Erez Buda ◽  
Dani Broitman ◽  
Daniel Czamanski
Keyword(s):  
Urban Areas ◽  
Hedonic Model ◽  
Land Values ◽  
Test Case ◽  
Urban Structure ◽  
Residential Real Estate ◽  
Residential Land ◽  
Ideal Candidate ◽  
Modern Cities ◽  
Spatial Level

The structure of modern cities is characterized by the uneven spatial distribution of people and activities. Contrary to economic theory, it is neither evenly distributed nor entirely monocentric. The observed reality is the result of various feedbacks in the context of the interactions of attraction and repulsion. Heretofore, there is no agreement concerning the means to measuring the dimensions of these interactions, nor the framework for explaining them. We propose a simple model and an associated method for testing the interactions using residential land values. We claim that land values reflect the attractiveness of each location, including its observable and unobservable characteristics. We extract land values from prices of residences by applying a dedicated hedonic model to extensive residential real estate transaction data at a detailed spatial level. The resulting land values reflect the attractiveness of each urban location and are an ideal candidate to measure the degree of centrality or peripherality of each location. Moreover, assessment of land values over time indicates ongoing centralization and peripheralization processes. Using the urban structure of a small and highly urbanized country as a test case, this paper illustrates how the dynamics of the gap between central and peripheral urban areas can be assessed.

Valuing, Paying for and Providing Open Space in Urban Fringe Areas

1962 ◽  
Vol 44 (5) ◽  
pp. 1697 ◽  
Author(s):  
Patrick J. Cusick
Keyword(s):  
Open Space ◽  
Urban Fringe

scholarly journals Capitalization of Open Spaces into Housing Values and the Residential Property Tax Revenue Impacts of Agricultural Easement Programs

2003 ◽  
Vol 32 (1) ◽  
pp. 33-45 ◽  
Author(s):  
Jacqueline Geoghegan ◽  
Lori Lynch ◽  
Shawn Bucholtz
Keyword(s):  
Open Space ◽  
Property Tax ◽  
Hedonic Model ◽  
Tax Revenue ◽  
Residential Property ◽  
Housing Values ◽  
Open Spaces ◽  
The Cost ◽  
Agricultural Preservation ◽  
Expected Increase

Using a unique spatial database, a hedonic model is developed to estimate the value to nearby residents of open space purchased through agricultural preservation programs in three Maryland counties. After correcting for endogeneity and spatial autocorrelation, the estimated coefficients are used to calculate the potential changes in housing values for a given change in neighborhood open space following an agricultural easement purchase. Then, using the current residential property tax for each parcel, the expected increase in county tax revenue is computed and this revenue is compared to the cost of preserving the lands.

Land Values and Parks in Urban Fringe Areas

1962 ◽  
Vol 44 (5) ◽  
pp. 1718 ◽  
Author(s):  
Jack L. Knetsch
Keyword(s):  
Urban Fringe ◽  
Land Values

Environmental amenities and agricultural land values: a hedonic model using geographic information systems data

2002 ◽  
Vol 40 (3) ◽  
pp. 337-349 ◽  
Author(s):  
Chris T. Bastian ◽  
Donald M. McLeod ◽  
Matthew J. Germino ◽  
William A. Reiners ◽  
Benedict J. Blasko
Keyword(s):  
Information Systems ◽  
Geographic Information Systems ◽  
Agricultural Land ◽  
Geographic Information ◽  
Hedonic Model ◽  
Land Values ◽  
Environmental Amenities
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