A Meta-Analysis of Hedonic Studies to Assess the Property Value Effects of Low Impact Development
Author: Mazzota et al., Atlantic Ecology Division, US EPA (2014)
Geography: U.S.
Level of Detail: Economic valuation
Availability: Publicly Available
Water Management Strategies: Conservation design, Distributed Stormwater Infrastructure, Low impact landscaping
Specific Benefits or Trade-offs: Aesthetics, Local economy, People and Community
A Meta-Analysis of Hedonic Studies to Assess the Property Value Effects of Low Impact Development analyzed 35 different low impact development valuation studies across the United States. Distance and characteristics of the low impact development affect the hedonic valuation. The most robust determinants of willingness to pay are from locally available low impact developments.