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Hedonic valuation models have shown that sales prices can capitalize property risk factors, such as flood zone; properties facing lower risk sell at a premium, all else being equal. Previous research has indicated that price differentials reflecting risk of flooding become much larger in the wake...
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This paper explores the influence of beach quality on coastal residential property values. We hypothesize that beach and dune width provide local public goods in terms of recreation potential and storm/erosion protection, but that this relationship is limited by distance from the shoreline. Our...
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Coastal communities benefit from a diverse array of ecosystem services derived from spatial proximity to common property resources. We hypothesize that property market’s accrual of benefits from ecosystems are predictated not only on the configuration of the built environment that conveys...
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