Effects of Small Watershed Development on Land Values

James Kasal

No 307683, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Small watershed flood control development (Public Law 566) has had varying impacts on structure site land values. Economics, location, climate, and land use differences were found to be important factors in assessing land value changes. Oklahoma and Nebraska data indicate that onsite land value changes due to the program range from a negative 37.75 percent to a positive 24.2 percent, depending on estimating and deflating procedures. Data also indicate that easement expenditures for flood control structure sites usually exceed the 25 to 38 percent compensation necessary to leave landowners in the same financial position before and after the transfer of land rights.

Keywords: Agricultural and Food Policy; Community/Rural/Urban Development; Land Economics/Use; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 40
Date: 1978-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307683

DOI: 10.22004/ag.econ.307683

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