Valuing vegetation in an urban watershed

被引:31
作者
Kadish, Jonathan [2 ]
Netusil, Noelwah R. [1 ]
机构
[1] Reed Coll, Dept Econ, Portland, OR 97202 USA
[2] Pomona Coll, Dept Econ, Claremont, CA 91711 USA
关键词
Hedonic price method; Tree canopy; Non-market valuation; Portland; Oregon; RESIDENTIAL PROPERTY-VALUES; HOUSE PRICES; OREGON; PROFILES; PORTLAND; TREES;
D O I
10.1016/j.landurbplan.2011.09.004
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
This study uses the hedonic price method to examine if land cover types-trees, shrubs, water and impervious surface areas-affect the sale price of single-family residential properties in Multnomah County, Oregon. We combine detailed structural and location information for 36,753 single-family residential property sales with the percentage of land cover on each property and within three buffers surrounding each property. Trees contribute positively to a property's sale price, but the estimated increase may be less than the costs of planting and caring for trees. Benefits received by nearby property owners may justify actions by government agencies to expand canopy coverage. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:59 / 65
页数:7
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