The Impact of Man-Made Lakes on Residential Property Values: A Case Study and Methodological Exploration

1974 ◽  
Vol 10 (1) ◽  
pp. 37-43 ◽  
Author(s):  
J. C. Day ◽  
J. R. Gilpin
1992 ◽  
Vol 7 (3) ◽  
pp. 297-314 ◽  
Author(s):  
Alan Reichert ◽  
Michael Small ◽  
Sunil Mohanty

2007 ◽  
Vol 39 (1) ◽  
pp. 211-221 ◽  
Author(s):  
Kwame Owusu-Edusei ◽  
Molly Espey ◽  
Huiyan Lin

This study jointly estimates the impact of school quality and school proximity on residential property values in Greenville, South Carolina. While quality is found to be capitalized into residential property values, the degree of capitalization depends on school level and proximity to each school for which the house is zoned for attendance. In general, there is positive value associated with closer proximity to schools of all levels, and negative value associated with a significantly longer than average distance to schools. In terms of quality rankings, excellence at the elementary and high school levels has the strongest impact on property values.


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