Title: The value of urban tree cover: A hedonic property price model in Ramsey and Dakota Counties, Minnesota, USA
Author: Sander, Heather; Polasky, Stephen; Haight, Robert.;
Source: Ecological Economics. 69: 1646-1656.
Publication Series: Scientific Journal (JRNL)
Description: Urban tree cover benefits communities. These benefits' economic values, however, are poorly recognized and often ignored by landowners and planners. We use hedonic property price modeling to estimate urban tree cover's value in Dakota and Ramsey Counties, MN, USA, predicting housing value as a function of structural, neighborhood, and environmental variables, including tree cover, using a spatial simultaneous autoregressive (SAR) error model. We measure tree cover as percent tree cover on parcels, and within 100, 250, 500, 750, and 1000 m. Results show that tree cover within 100 and 250 m is positive and statistically significant.
Keywords: hedonic pricing, urban forestry, tree cover
- 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.
- This publication may be available in hard copy. Check the Northern Research Station web site to request a printed copy of this publication.
- Our on-line publications are scanned and captured using Adobe Acrobat. During the capture process some typographical errors may occur. Please contact Sharon Hobrla, email@example.com if you notice any errors which make this publication unusable.
XML: View XML
Sander, Heather; Polasky, Stephen; Haight, Robert. 2010. The value of urban tree cover: A hedonic property price model in Ramsey and Dakota Counties, Minnesota, USA. Ecological Economics. 69: 1646-1656.
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility