The Economics of Conservation Subdivisions
Price Premiums, Improvement Costs, and Absorption Rates
Bibliographic Data
| ID | 6403983 |
|---|---|
| Authors | Rayman Mohamed (Wayne State University, corresponding author) |
| Year | 2006 |
| Volume | 41 |
| Issue | 3 |
| Pages | 376-399 |
| Publication date | 2006-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Urban Affairs Review (JOURNAL) |
| Journal identifiers | ISSN: 1078-0874 • E-ISSN: 1552-8332 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/1078087405282183 |
| OpenAlex | W2109334235 |
| Language | EN |
| Citations received | 11 |
| References cited | 38 |
The environmental benefits of less land consumption and a growing interest in addressing the negative economic and social impacts of sprawl have resulted in calls for more sensitive subdivision designs. One such design is conservation subdivisions. However, not much is known about these subdivisions, in particular about their economics. This article addresses the issue by examining price premiums, investment costs, and absorption rates for lots in conservation versus those in conventional subdivisions. The results show that lots in conservation subdivisions carry a premium, are less expensive to build, and sell more quickly than lots in conventional subdivisions. The results suggest that designs that take a holistic view of ecology, aesthetics, and sense of community can assuage concerns about higher density. However, the potential negative consequences of conservation subdivisions require further study
Consumption (sociology · Ecological economics · Economics · Environmental resource management · Geography · Investment (military · Land use · Natural resource economics · Political science · Sociology · Subdivision · Sustainability · Urban sprawl · Economic and Environmental Valuation · Housing Market and Economics · Land Use and Ecosystem Services · Ecology
Place value
Access and quality of parks and associations with obesity
Dirigiste and Smart Growth approaches to urban sprawl
Why Might Developers Be Reluctant to Build Conservation Subdivisions? Insights from Spatial Regression Analysis
Can Real-Estate Developers Be “Green”
The Psychology of Residential Developers
Adventures in Implementation
Spatial restructuring and the logic of industrial land redevelopment in urban China
Predicting success incorporating conservation subdivisions into land use planning
Characteristics of state-owned construction land supply in Chinese cities by development stage and industry
Who Would Pay for Rural Open Space Preservation and Inner-city Redevelopment? Identifying Support for Policies that Can Contribute to Regional Land Use Governance
Governing the Commons
Applied Multiple Regression/Correlation Analysis for the Behavioral Sciences
Micro-Neighborhood Externalities and Hedonic Housing Prices
Impervious Surface Coverage
Governing the Commons
Undeveloped Land Prices During Urbanization
Zoning, Returns to Scale, and the Value of Undeveloped Land
A Comment on Zoning, Returns to Scale, and the Value of Undeveloped Land
Environmental Land Use Planning and Management
Overcoming Barriers to Ecologically Sensitive Land Management
Nonlinear Urban Land Prices
The Site Selection Process of Suburban Residential Builders
Internalizing Neighborhood Externalities
Uncertain Neighborhood Effects and Restrictive Covenants
Private Benefits and Public Costs
| Citations per year | 0.55 |
|---|---|
| Citation span | 2006 - 2020 (15) |
| Highly cited | No |