2014
DOI: 10.1177/1078087414542088
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Neighborhood Governments and Their Role in Property Values

Abstract: More U.S. citizens live in neighborhoods governed by homeowners (HOAs) or neighborhood associations (NAs) than in any period of American history. Property values are typical association goals. Research fails to consider all types of associations in the examination of the effects of neighborhood governance on property values. In this article, I study the effects of HOAs and NAs on property values. I find that HOAs increase property values, while NAs exert no influence on property values.

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Cited by 25 publications
(17 citation statements)
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“…An important limitation of this analysis is that its focus on a single case city makes it difficult to generalize to other cities. Indeed, some of the findings run contrary to those of studies in other cities, particularly Scheller's () analysis of Tallahassee and Mesch and Schwirian's () analysis of Columbus. Given the mixed results in the literature, then, the practitioner would be well advised to consider the context of his or her own community in developing programs concerning neighborhood institutions.…”
Section: Discussioncontrasting
confidence: 76%
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“…An important limitation of this analysis is that its focus on a single case city makes it difficult to generalize to other cities. Indeed, some of the findings run contrary to those of studies in other cities, particularly Scheller's () analysis of Tallahassee and Mesch and Schwirian's () analysis of Columbus. Given the mixed results in the literature, then, the practitioner would be well advised to consider the context of his or her own community in developing programs concerning neighborhood institutions.…”
Section: Discussioncontrasting
confidence: 76%
“…Similarly, one might expect the net present value of the stream of benefits and costs generated by SLGOs to become capitalized into home sales prices. Four studies (Groves and Rogers ; Hughes and Turnbull ; Rogers ; Scheller ) find that homeowner associations positively affect property values, in St. Louis, Missouri; Baton Rouge, Louisiana; Greeley, Colorado; and Tallahassee, Florida, respectively. An additional study of St. Louis County, however, failed to find evidence that homeowner associations affect property values (Groves ).…”
Section: Collective Action and Property Values In Urban Neighborhoodsmentioning
confidence: 99%
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“…Scheller (2015) characterized neighborhood associations as voluntary, grassroots efforts that provide services like social functions, beautification efforts, limited city services, and code enforcement. The presence of a neighborhood association is an indicator that residents care about and are invested in their neighborhoods-enough so to organize to reduce physical manifestations of disorder and to improve social conditions (Perkins, Florin, Rich, Wandersman, & Chavis, 1990).…”
Section: Neighborhood Associationsmentioning
confidence: 99%
“…Neighborhood and homeowners associations represent two different forms of neighborhood governments with vastly different levels of structure, power, and resources. Neighborhood associations have far fewer formal powers compared to HOAs (Scheller, ). The bylaws or constitutions of neighborhood associations outline the organization's structure, method of choosing officers, and general purpose (Hyatt, ; McCabe, ).…”
Section: Neighborhood Vs Homeowners Associationsmentioning
confidence: 99%