English, Article edition: Augmenting Housing Sales Data to Improve Hedonic Estimates of Golf Courses Steven D. Shultz; Nicholas J. Schmitz

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Augmenting Housing Sales Data to Improve Hedonic Estimates of Golf Courses
Author
  • Steven D. Shultz
  • Nicholas J. Schmitz
Physical Description
  • article
Notes
  • 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.
  • RePEc:jre:issued:v:31:n:1:2009:p:63-80
Language
  • English
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