2006
DOI: 10.1080/10835547.2006.12091168
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A Meta - Analysis of the Effect of Environmental Contamination and Positive Amenities on Residential Real Estate Values

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Cited by 83 publications
(27 citation statements)
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“…Property value losses were also $0.23 higher for every additional dollar in home value, and losses were reduced or removed after remediation of the contaminated property. By contrast, property located near positive attributes (e.g., beach, park) had a 25% premium, but the distance was not significant (Simons & Saginor, 2006).…”
Section: Literature Synthesismentioning
confidence: 76%
See 1 more Smart Citation
“…Property value losses were also $0.23 higher for every additional dollar in home value, and losses were reduced or removed after remediation of the contaminated property. By contrast, property located near positive attributes (e.g., beach, park) had a 25% premium, but the distance was not significant (Simons & Saginor, 2006).…”
Section: Literature Synthesismentioning
confidence: 76%
“…One way to measure the public benefit of brownfield redevelopment is to calculate the value of redeveloped projects and the associated increase in property taxes (De Sousa, 2005; U.S. Conference of Mayors, 2006). Another measure of interest is the impact of brownfield redevelopment on neighboring property values (Simons, 2005;Simons & Saginor, 2006). This measure is considered important because it helps gauge the spillover or ripple effect on the surrounding community that is often associated with brownfield reclamation and redevelopment.…”
mentioning
confidence: 99%
“…Presence of a nearby landfill Jauregui and Hite (2005); Chen and Li (2017). Contamination affects the value and rights of real estate Simons and Saginor (2006); Chen and Li (2017).…”
Section: Negative Externalitymentioning
confidence: 99%
“…Akujuru notes that Smith's definition is helpful in describing the situation in the Niger Delta. In Simons and Saginor (2006), environmental sources that influence residential property values were identified as leaking underground storage, Superfund sites, landfills, water and air pollution, power lines, pipeline ruptures (oil spill), nuclear power plants, animal feedlots, and several other urban nuisance uses. In the Niger Delta, pipeline rupture frequently occurs, leading to oil spills, and whenever a major oil spill occurs, the prime focus is to determine how much of the oil or other contaminant can be recovered, how much beach area can be cleaned, and how many birds, sea mammals, and fish hatcheries can be protected (Freeman & Koop, 1989).…”
Section: Contaminated Land and Its Effect On Property Valuesmentioning
confidence: 99%