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The effect of rivers, streams, and canals on property values
Rivers, streams, and canals support a variety of critical agricultural, industrial, transportation, ecological, and household uses. They also provide important aesthetic, recreational, and sociocultural benefits. This review paper synthesizes the evidence to date regarding the value of these linear water features as aesthetic and recreational resources to adjacent and nearby residents. Specifically, it summarizes 25 studies that have used the hedonic pricing method to calculate the effects of views of and proximity to rivers, streams, and canals on surrounding residential property values. The majority of studies indicated that significant positive property price effects are associated with river, stream, and canal view and proximity, though these effects appear less definitive in rural than urban settings. Implications of the body of evidence for planning, management, and development are discussed, and potential effects of climate change and diversion policies are highlighted. Improvements in measurement facilitated by advanced geographic information systems and rigorous spatially explicit regression techniques are noted.
The effect of rivers, streams, and canals on property values
Rivers, streams, and canals support a variety of critical agricultural, industrial, transportation, ecological, and household uses. They also provide important aesthetic, recreational, and sociocultural benefits. This review paper synthesizes the evidence to date regarding the value of these linear water features as aesthetic and recreational resources to adjacent and nearby residents. Specifically, it summarizes 25 studies that have used the hedonic pricing method to calculate the effects of views of and proximity to rivers, streams, and canals on surrounding residential property values. The majority of studies indicated that significant positive property price effects are associated with river, stream, and canal view and proximity, though these effects appear less definitive in rural than urban settings. Implications of the body of evidence for planning, management, and development are discussed, and potential effects of climate change and diversion policies are highlighted. Improvements in measurement facilitated by advanced geographic information systems and rigorous spatially explicit regression techniques are noted.
The effect of rivers, streams, and canals on property values
Nicholls, S. (author) / Crompton, J. L. (author)
River Research and Applications ; 33 ; 1377-1386
2017-11-01
10 pages
Article (Journal)
Electronic Resource
English
aesthetic , canal , hedonic , stream , property value , recreation , river , view
Engineering Index Backfile | 1934
|Research on the discharge of partly filled pipe lines, canals, streams and rivers
Engineering Index Backfile | 1907
|Engineering Index Backfile | 1939
Uniform flow in alluvial rivers and canals
Engineering Index Backfile | 1933
|Hydraulics of sediment-bearing canals and rivers
TIBKAT | 1951
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