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Architecture, historic zoning, and the value of homes

✍ Scribed by Paul K. Asabere; George Hachey; Steven Grubaugh

Publisher
Springer US
Year
1989
Tongue
English
Weight
833 KB
Volume
2
Category
Article
ISSN
0895-5638

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✦ Synopsis

The principal objective of this paper is to detect any partial effects due to architecture on home value. The empirical results show that premium prices are associated with the historical architectural styles like colonial, federal, garrison, and Victorian. A second objective to detect potential impacts of historic zoning, however, does not show conclusively that the historic district of Newburyport has positive external effects.

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