The value of views and open space: Estimates from a hedonic pricing model for Ramsey County, Minnesota, USA

We examined howenvironmental amenities, particularly views and open space access, impact residential home sales prices in Ramsey County, MN using a hedonic pricing model. Home sale prices increase with closer proximity to parks, trails, lakes, and streams. Proximity to lakes produced the greatest impact on home sale value of these distance variables, followed by parks, trails, and streams. Increasing view areal extents as well as…

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