The Impact of Man‐Made Lakes on Residential Property Values: A Case Study and Methodological Exploration
- 1 February 1974
- journal article
- Published by American Geophysical Union (AGU) in Water Resources Research
- Vol. 10 (1) , 37-43
- https://doi.org/10.1029/wr010i001p00037
Abstract
Dams and reservoirs are often partially justified on the basis of an intangible benefit related to the property value changes that they allegedly induce. This assumption is tested by using the G. Ross Lord Dam and parkland on the west Don River in Toronto. The project had virtually no impact on residential property values in the summer of 1972 while the dam was under construction. The magnitude of the social benefit related to the residential land value changes induced by such a project is considered.This publication has 4 references indexed in Scilit:
- A Quantitative Analysis of Factors Influencing Residential Location in Reservoir Recreation AreasJournal of Leisure Research, 1971
- Changing Residence in the City: A Review of Intraurban MobilityGeographical Review, 1968
- Research Note: An Empirical Analysis of Urban Environmental PreferencesJournal of the American Institute of Planners, 1966
- The Influence of Reservoir Projects on Land ValuesJournal of Farm Economics, 1964