The question : ‘If your house is at risk of flooding, does that make it worth less?’ – has been answered by investigators at the Department of Economics, East Carolina University, US. The research team used a Semiparametric Hedonic Price Function Model combined with Geographic Information System data on National Flood Insurance Program flood zones […]
Tag: real estate
Sharp shaped vegetation lifts property prices (new study)
Residential property owners who want increase the sale price of their property can try a new way of adding value – plant some palm trees out front. See: ‘Money in your palm: Sharp shaped vegetation in the surroundings increase the subjective value of houses.’ Journal of Environmental Psychology, Volume 46, June 2016, Pages 176–187 “We […]