The Impact of Airport Noise and Proximity on Residential Property Values

Molly Espey and Hilary Lopez

Growth and Change, 2000, vol. 31, issue 3, 408-419

Abstract: The hedonic price method is used to estimate the relationship between residential property values and airport noise and proximity to the airport in the Reno‐Sparks area. Empirical results suggest there is a statistically significant negative relationship between airport noise and residential property values, with the average home in areas where noise levels are 65 decibels or high selling for about $2400 less than equivalent homes in quieter areas. However, in direct contrast to the study by Tomkins et al.(1998) who found proximity to the Manchester airport to be an amenity, this study finds proximity to the Reno‐Sparks airport to have a significant negative value.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (47)

Downloads: (external link)
https://doi.org/10.1111/0017-4815.00135

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:growch:v:31:y:2000:i:3:p:408-419

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0017-4815

Access Statistics for this article

Growth and Change is currently edited by Dan Rickman and Barney Warf

More articles in Growth and Change from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().