County level farmland and residential housing values are estimated for the Mid-Atlantic region as a function of farm returns, developed land values, household incomes, population densities, and location. Results are based on the hypothesis that farmland owners anticipate land development and...

Area base models are being used in resource assessments to project the availability of farm and forest land. In this paper we introduce a heterogenous land area base model and apply it to a five-state region in the southeastern United States. Land quality turns out to be an important determinant...