Author

Connor Wyman

Date of Award

2019

Document Type

Thesis

Degree Name

Bachelor of Arts

Department

Economics

Abstract

This study examines how proximity to public lands influences housing values. This will be done using a hedonic pricing strategy, which is useful when analyzing heterogeneous goods such as a house or apartment. The data for this study comes from the American Community Survey (ACS) of Denver, CO from 2010 and 2017. This study also includes four variables related to distance from large open public spaces: one each for the distance from the Rocky Mountain Arsenal National Wildlife Refuge, Rocky Flats National Wildlife Refuge, Cherry Creek State Park, and Chatfield State Park. Multiple linear regressions were used to analyze the effect of distance to these parks on median housing value.The results of this study reveal that consumers may value some of these large parks more than others.

Included in

Economics Commons

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