The impact of airport noise and proximity on residential property values

被引:105
作者
Espey, M [1 ]
Lopez, H
机构
[1] Clemson Univ, Clemson, SC 29631 USA
[2] City & Cty Denver Community Dev Agcy, Denver, CO USA
关键词
D O I
10.1111/0017-4815.00135
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The hedonic price method is used to estimate the relationship between residential property values and airport noise and proximity to the airport in the Reno-Sparks area. Empirical results suggest there is a statistically significant negative relationship between airport noise and residential property values, with the average home in areas where noise levels are 65 decibels or high selling for about $2400 less than equivalent homes in quieter areas. However, in direct contrast to the study by Tomkins et al.(1998) who found proximity to the Manchester airport to be an amenity, this study finds proximity to the Reno-Sparks airport to have a significant negative value.
引用
收藏
页码:408 / 419
页数:12
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