Valuing Urban Wetlands: A Property Pricing Approach,

Abstract

The report estimates the value of wetland amenities in the Portland, Oregon metropolitan area using the hedonic property pricing approach. Detailed residential housing and wetland data are used to relate the sales price of a residential property to the structural characteristics of the property, neighborhood attributes in which the property is located, and amenity values of wetlands and other environmental characteristics. In addition to estimating the hedonic price functions, second-stage regression analysis is used to estimate the willingness-to-pay function for wetland size.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1997
Accession Number
ADA326734

Entities

People

  • Brent L. Mahan

Organizations

  • United States Army Corps of Engineers

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Birds
  • Business Administration
  • Commerce
  • Environmental Protection
  • Fish
  • Geographic Information Systems
  • Groundwater
  • Habitats
  • Health Services
  • Investments
  • Management Personnel
  • Natural Resources
  • Organizational Structure
  • Recreation
  • Water Quality
  • Water Resources
  • Wildlife

Readers

  • Industrial Economics
  • Regression Analysis.
  • Urban Planning and Geography.