Micro-Neighborhood Externalities and Hedonic Housing Prices

Mingche M. Li · H. James Brown

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Housing Market and Economics Urban, Neighborhood, and Segregation Studies School Choice and Performance

Abstract

The evaluation of numerous school reforms requires an understanding of the value of better schools. Given the difficulty of calculating the relationship between school quality and student outcomes, I turn to another method and use house prices to infer ...

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References

1974Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition 1967The Determinants of Residential Property Values with Special Reference to Air Pollution

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2009Valuing Air Quality Using the Life Satisfaction Approach 2001A Survey of House Price Hedonic Studies of the Impact of Environmental Externalities 2000The impact of open spaces on property values in Portland, Oregon 1992Spatial autocorrelation and neighborhood quality 2001THE EFFECT OF OPEN SPACES ON A HOME'S SALE PRICE 2001The Impact of Parks on Property Values: A Review of the Empirical Evidence 2004Measuring the effects of mixed land uses on housing values 2011The Walkability Premium in Commercial Real Estate Investments

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