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Publication Information

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Title: Wildfire risk and housing prices: a case study from colorado springs

Author: Donovan, Geoffrey H.; Champ, Patricia A.; Butry, David T.

Date: 2007

Source: Land Economics, Vol. 83(2): 217-233

Publication Series: Not categorized

Description: In 2000, concerned about the risks of wildfires to local homes, the Colorado Springs Fire Department rated the wildfire risk of 35,000 housing parcels within the wildland-urban interface and made its findings available online. We examine the effectiveness of this rating project by comparing the relationship between home price and wildfire risk before and after the information was posted on the Web site. Before the information was available, home price and wildfire risk were positively correlated, whereas, afterwards, they were not.

Publication Notes:

  • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
  • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

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Citation:


Donovan, Geoffrey H.; Champ, Patricia A.; Butry, David T. 2007. Wildfire risk and housing prices: a case study from colorado springs. Land Economics, Vol. 83(2): 217-233

 


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