Journal Title
Title of Journal: J Real Estate Finan Econ
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Abbravation: The Journal of Real Estate Finance and Economics
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Authors: Paul K Asabere Forrest E Huffman
Publish Date: 2007/10/19
Volume: 38, Issue: 4, Pages: 408-419
Abstract
This study examines the impacts of trails and greenbelts and other amenities on home value Using the hedonic framework the study provides analyses of a database consisting of roughly 10000 sales of homes occurring from April 2001 to March 2002 in and around San Antonio Bexar County Texas Among other things our study shows that trails greenbelts and trails with greenbelts or greenways are associated with roughly 2 4 and 5 price premiums respectively The following amenities proximity to golf course neighborhood playground tennis court neighborhood pool view and culdesac all add significantly to home value
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