Price effects of landfills on house values

A. C. Nelson, J. Genereux, M. Genereux

Research output: Contribution to journalArticlepeer-review

110 Scopus citations

Abstract

There is debate on the extent to which landfills impact on nearby single-family homes. This article applies an empirical model to estimate the price effects of one Minnesota landfill on the value of 708 nearby homes during the 1980s. Empirical results indicate that the landfill adversely affected home values in the range of 12% at the landfill boundary and 6% at about one mile. Beyond about 2-2.5 miles adverse effects are negligible. The findings have important implications for the siting of new landfills near residential areas and in areas within the path of future development. -Authors

Original languageEnglish (US)
Pages (from-to)359-365
Number of pages7
JournalLand Economics
Volume68
Issue number4
DOIs
StatePublished - Jan 1 1992
Externally publishedYes

ASJC Scopus subject areas

  • Environmental Science (miscellaneous)
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Price effects of landfills on house values'. Together they form a unique fingerprint.

Cite this