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The Impact of Environmental Disamenities on Property Values: Evaluating the Municipal Fringe

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Date
2018-05-18
Author
Hoecker, Ryan
Advisor
Timmins, Christopher
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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 thesis
Department
Economics
Subject
Environmental Justice
Environmental Nuisance
Municipal Annexation
Property Value
Permalink
https://hdl.handle.net/10161/16761
Citation
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.
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.

Rights for Collection: Undergraduate Honors Theses and Student papers


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