Pricing Residential Amenities: The Value of a View

Pricing Residential Amenities: The Value of a View

Primary Country: United States
Ecosystem: shores (rocky & beaches)
Sample Value Estimates:
a $200,000 home with no view in Bellingham, Washington would sell for
  1. $336,620: with an ocean view if located 0.1 miles from the water
  2. $312,42: if located 0.5 miles from water
  3. $251,280: if located 2 miles from water
Region: Americas / Pacific
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Benson, Earl D. Hansen, Julia L., Jr.Schwartz, Arthur L.Smersh, Greg T “Pricing Residential Amenities: The Value of a View” Journal of Real Estate Finance and Economics, 1998

Information provided when available, for more information please visit the original database or PDF.