This article is the winner of the Real Estate Valuation manuscript prize (sponsored by The Appraisal Institute) presented at the 2001 American Real Estate Society Annual Meeting. This hedonic study investigates the effect of landscaping on house values, based on a detailed field survey of 760...

This paper presents a procedure for considering interactions of neighbourhood quality and property specifics within hedonic models of housing price. It handles interactions between geographical factors and the marginal contribution of each property attribute for enhancing values assessment....