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Library Subdivision Specific Amenities and Residential Property Values

Subdivision Specific Amenities and Residential Property Values

Subdivision Specific Amenities and Residential Property Values

Resource information

Date of publication
December 2006
Resource Language
ISBN / Resource ID
AGRIS:US2016216528

A hedonic property value model, derived from a dynamic game theoretic framework, is estimated using data obtained for 211 subdivisions including 4628 building lots in five Maryland counties. Linear Box-Cox estimation results show that variables measuring subdivision specific amenities significantly affect residential property values, and omission of such variables produces biased coefficient estimates.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Rahman, Shaikh Mahfuzur
Hardie, Ian W.

Publisher(s)
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