Estimating the value of urban green areas: A hedonic pricing analysis of the single family housing market in Los Angeles, CA

Saphores, Jean-Daniel; Li, Wei

doi:10.1016/j.landurbplan.2011.11.012

Cited by 160 publications

(117 citation statements)

References 45 publications

Supporting

Mentioning

109

Contrasting

Unclassified

Order By: Relevance

“…GWR has been applied widely to various spatially oriented issues, including water quality [37,38], forestry [39], economics [40,41], remote sensing [42], and urban studies [43]. According to Nunes et al [44], GWR can improve forest fire regime predictions by considering regression as a non-stationary spatial process.…”

Section: Introductionmentioning

confidence: 99%

Examining Spatial Variation in the Effects of Japanese Red Pine (Pinus densiflora) on Burn Severity Using Geographically Weighted Regression

2017

View full text Add to dashboard Cite

Abstract:Burn severity has profound impacts on the response of post-fire forest ecosystems to fire events. Numerous previous studies have reported that burn severity is determined by variables such as meteorological conditions, pre-fire forest structure, and fuel characteristics. An underlying assumption of these studies was the constant effects of environmental variables on burn severity over space, and these analyses therefore did not consider the spatial dimension. This study examined spatial variation in the effects of Japanese red pine (Pinus densiflora) on burn severity. Specifically, this study investigated the presence of spatially varying relationships between Japanese red pine and burn severity due to changes in slope and elevation. We estimated conventional ordinary least squares (OLS) and geographically weighted regression (GWR) models and compared them using three criteria; the coefficients of determination (R 2 ), Akaike information criterion for small samples (AICc), and Moran's I-value. The GWR model performed considerably better than the OLS model in explaining variation in burn severity. The results provided strong evidence that the effect of Japanese red pine on burn severity was not constant but varied spatially. Elevation was a significant factor in the variation in the effects of Japanese red pine on burn severity. The influence of red pine on burn severity was considerably higher in low-elevation areas but became less important than the other variables in high-elevation areas. The results of this study can be applied to location-specific strategies for forest managers and can be adopted to improve fire simulation models to more realistically mimic the nature of fire behavior.

show abstract

Section: Introductionmentioning

confidence: 99%

Examining Spatial Variation in the Effects of Japanese Red Pine (Pinus densiflora) on Burn Severity Using Geographically Weighted Regression

2017

View full text Add to dashboard Cite

show abstract

“…It may be notable here that while presence of trees contribute to home values, planting and maintenance costs may sometimes outweigh the benefits. The Saphores and Li (2012) study in Portland concluded that 97% homeowners liked trees in their neighborhoods, but not so much on their own land parcel. Sander et al (2010) studied the effects of urban tree cover in Dakota and Ramsey Counties, MN.…”

Section: Proximity To Non-discrete Amenitiesmentioning

confidence: 99%

Valuing Visual Accessibility of Scenic Landscapes in a Single Family Housing Market: A Spatial Hedonic Approach

Mittal¹,

Thériault²,

Voisin³

et al. 2017

24th Annual European Real Estate Society Conference

View full text Add to dashboard Cite

Abstract:This article uses a hedonic modelling approach to assess the effect of visual accessibility of scenic lands on housing price. It estimates households' implicit willingness to pay for the visual accessibility of privately owned voluntarily protected scenic lands in a single family housing market. These lands are protected in perpetuity for natural, historic, and scenic characteristics.The premium price effect was captured using the visual accessibility variable, a combined weighted measure of visibility and proximity. This is named as Gravity Inspired Visibility Index (GIVI). A comprehensive review of eight environmental amenity from multidisciplinary sources provides basis on significance of 'proximity' and 'view.' A detailed methodology on developing spatial interaction variable using 3D GIS and viewshed 1 technology is provided. This variable was used to estimate the capitalized premium from the preserved lands. Both global (adjusted price premium on mean home value from the GWR model. The article offers a useful framework for evaluating effects of land protection for planning and real estate scholars. It also offers useful insight to conservation agencies, local governments, professional planners, and real estate professionals for prioritizing land sites with scenic views and for property development. IntroductionThe study was conducted in Worcester, Massachusetts --the second largest city in the state. A cluster of 26 privately owned Conservation Easement (CE) properties with historically important1 The viewshed identifies cells in an input raster that are visible from one or more observation points. Binary values are added to the output raster with 1 meaning visible and 0means not visible. Please do not cite this paper3 sites and land parcels with scenic amenities were the focus of this article. This study estimates the externality effect of these voluntarily protected lands, on prices of surrounding 1,243 single family detached homes. The protected lands serve as public amenities, offer several indirect and direct environmental, and health benefits to the local community. In past, several parks, trails, waterways, and wildlife areas have been protected this way using CE in the United States. CE involve legal agreements between private landowners and a non-profit or a government agency in the United States to perpetually restrict any future development rights on preservation worthy lands. Under the agreement, the private landowners are allowed to retain their land titles, continue to retain their right to own and use lands. They also have the option to donate or sell the restricted development rights, and claim equivalent federal tax credits (Mittal 2014;Wright, 1994;Gustanski and Squires, 2000). Billions of dollars' worth of public money is involved as tax credits to incentivize private landowners; therefore, to motivate conservation organizations and local governments to promote land preservation activities, this article estimates direct monetary benefits to the local property tax base due to val...

show abstract

“…Green spaces also add value to residential sales prices (Jim and Chen 2006, Troy and Grove 2008, Saphores and Li 2012. However, public sector measures to conserve green areas in urban environments have often been insufficient, contributing to the loss and continuous degradation of green space in urban areas, often reducing the availability of urban parks , Tzoulas et al 2007.…”

Section: Introductionmentioning

confidence: 99%

Uneven Access and Underuse of Ecological Amenities in Urban Parks of the Río Piedras Watershed

Santiago¹,

Ortiz²,

Santiago-Bartolomei³

et al. 2014

E&S

View full text Add to dashboard Cite

ABSTRACT. The association between consumption of ecological amenities in a park setting and improved physical and mental health substantiates the need for improved accessibility to green areas in lower-income neighborhoods. We measured green area accessibility, considering income variation, and park use in a densely populated tropical urban watershed. Park use was explored with 442 in-person interviews, and U.S. Census and Puerto Rico Commonwealth data were used to measure accessibility. Nearly 20% of residents earning ≤ $15,000 lived within park service areas with the highest crime incidence in the region, whereas 90% of those earning > $75,000 lived within park service areas with lower crime rates. Innovative nonexclusionary activities such as growing vegetable gardens are needed to attract lower-income residents and increase their sense of safety in urban parks.

show abstract

Estimating the value of urban green areas: A hedonic pricing analysis of the single family housing market in Los Angeles, CA

Cited by 160 publications

References 45 publications

Examining Spatial Variation in the Effects of Japanese Red Pine (Pinus densiflora) on Burn Severity Using Geographically Weighted Regression

Examining Spatial Variation in the Effects of Japanese Red Pine (Pinus densiflora) on Burn Severity Using Geographically Weighted Regression

Valuing Visual Accessibility of Scenic Landscapes in a Single Family Housing Market: A Spatial Hedonic Approach

Uneven Access and Underuse of Ecological Amenities in Urban Parks of the Río Piedras Watershed

Contact Info

Product

Resources

About

Estimating the value of urban green areas: A hedonic pricing analysis of the single family housing market in Los Angeles, CA

Cited by 160 publications

References 45 publications

Examining Spatial Variation in the Effects of Japanese Red Pine (Pinus densiflora) on Burn Severity Using Geographically Weighted Regression

Examining Spatial Variation in the Effects of Japanese Red Pine (Pinus densiflora) on Burn Severity Using Geographically Weighted Regression

Valuing Visual Accessibility of Scenic Landscapes in a Single Family Housing Market: A Spatial Hedonic Approach

Uneven Access and Underuse of Ecological Amenities in Urban Parks of the R&#237;o Piedras Watershed

Contact Info

Product

Resources

About

Uneven Access and Underuse of Ecological Amenities in Urban Parks of the Río Piedras Watershed