Architecture Commons^™

Reservoir Sedimentation And Property Values, Ronald Leftwich Jr.

All Theses

This thesis uses multiple regression analysis in the determination of two hedonic models to explain the impact that sedimentation and algal bloom events may have on property values along Lake Greenwood, SC. Utilizing different independent variables, the hedonic equations reflect the market value and the sales price of the selected lakeside properties. With an average 4.6 percent of the original lake area lost to accreted sediment, the models show a $7,800 to nearly $10,000 average loss in property value or an estimated $5 to $6 million in value lost within the study area. Properties sold within a two-year period following …