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This study estimates the influence of proximity to water bodies and park amenities on residential housing values in Knox County, Tennessee, using the hedonic price approach. Values for proximity to water bodies and parks are first estimated globally with a standard ordinary least square (OLS)...
Persistent link: https://www.econbiz.de/10005330124
This study estimates the influence of proximity to water bodies and park amenities on residential housing values in Knox County, Tennessee, using the hedonic price approach. Values for proximity to water bodies and parks are first estimated globally with a standard ordinary least squares (OLS)...
Persistent link: https://www.econbiz.de/10005330442
This research analyzes spatial and temporal variation in the effects of lot size and proximity to open space on residential home values in a single Tennessee county. The findings show that the value of proximity to greenways, parks, and water bodies increased over time, while the value of lot...
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Housing growth in Tennessee that incorporates spatial spillover and spatial heterogeneity at the level of census-block group is projected. A deterministic interpolation technique is adopted to create alternative neighborhood variables that captures spatial spillover of neighborhood effects on...
Persistent link: https://www.econbiz.de/10005803406
A two-stage multinomial logit selection model is used to model the relationship between demographic characteristics and housing density across Tennessee’s six metropolitan statistical areas. The study finds that there is both spatial correlation and heterogeneity in the most densely...
Persistent link: https://www.econbiz.de/10005041399