Hog Operations, Environmental Effects, and Residential Property Values

Raymond B. Palmquist, Fritz M. Roka and Tomislav Vukina

Land Economics, 1997, vol. 73, issue 1, 114-124

Abstract: A hedonic study of rural residential house sales in southeastern North Carolina was conducted to determine the effect of large-scale hog operations on surrounding property values. An index of hog manure production at different distances from the houses was developed. It was found that proximity caused a statistically significant reduction in house prices of up to 9 percent depending on the number of hogs and their distance from the house. The effect on the price of a house from opening a new operation depended on the number of hogs already in the area.

Date: 1997
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