The Impact of Environmental Disamenities on Property Values: Evaluating the Municipal Fringe
Abstract
This paper analyzes the municipal fringe of cities in Eastern North Carolina between
2006-2016, and how the values of individual properties on the outskirts can fluctuate
after they are incorporated within a city. A large portion of the research process
consisted of manually re- creating annexation ordinances from scanned photocopies
on ArcGIS, creating the first geographic archive of annexations in North Carolina
compatible with digital software. As environmental nuisances, such as landfills and
hazardous waste sites, are often located on town borders, this study pays specific
attention to how their presence affects the change in property values before and after
annexation. Results show that incorporation brings with it higher property values,
and that the impact of annexation is greater in the presence of nuisances that threaten
water quality for private wells.
Type
Honors thesisDepartment
EconomicsPermalink
https://hdl.handle.net/10161/16761Citation
Hoecker, Ryan (2018). The Impact of Environmental Disamenities on Property Values: Evaluating the Municipal
Fringe. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/16761.Collections
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