Augmenting Housing Sales Data to Improve Hedonic Estimates of Golf Course Frontage

Steven Shultz and Nicholas Schmitz

Journal of Real Estate Research, 2009, vol. 31, issue 1, 63-80

Abstract: Hedonic price modeling quantified the impact of golf course frontage on single-family housing prices at 20 different golf courses across the Midwestern city of Omaha, Nebraska. Geographic information system analyses tripled a sample of golf frontage sales, which allowed courses to be valued by detailed access and ownership types, and for 15 individual courses. Private non-equity courses had the greatest impact on adjacent housing prices (28%), followed by public courses (15%), municipal courses (9%), and private-equity courses (5%). However, a wide range of price impacts across individual courses was noted, which indicates the benefits of conducting course-specific analyses.

Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10835547.2009.12091233 (text/html)
Access to full text is restricted to subscribers.

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:taf:rjerxx:v:31:y:2009:i:1:p:63-80

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjer20

DOI: 10.1080/10835547.2009.12091233

Access Statistics for this article

Journal of Real Estate Research is currently edited by William Hardin and Michael Seiler

More articles in Journal of Real Estate Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().