Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values

Joseph Herriges, Silvia Secchik and Bruce Babcock

Land Economics, 2005, vol. 81, issue 4

Abstract: We estimated a hedonic model to explain variations in residential sales price with standard house attributes, such as number of bedrooms and square feet of living space, as well as the effects of distance and density of livestock feeding operations. We find that livestock operations have an overall statistically significant effect on property values. Predicted negative effects are largest for properties that are downwind and close to livestock operations. In addition, feeding operations that are moderate in size have more impact than do largescale operations, most likely reflecting age, type, and management practices of the moderate-sized operations.

JEL-codes: Q12 Q15 R21 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (26)

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Working Paper: Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values (2005)
Working Paper: Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values (2003)
Working Paper: Living with Hogs in Iowa: The Impact of Livestock Facilities on Rural Residential Property Values (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:81:y:2005:i:4:p530-545

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