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Residential Property Values And Historic Districts: A Kalamazoo Case Study, Curtis Aardema
Residential Property Values And Historic Districts: A Kalamazoo Case Study, Curtis Aardema
Masters Theses
Historic districts have been a point of contention in political, economic and community circles since their inception in the early twentieth century, but their impact has grown since the 1966 passage of the National Historic Preservation Act. Often cited by proponents as a productive tool for preserving the cultural and physical elements of the American built environment, historic districts are alternately branded as burdensome and regressive to future development by critics. In order to provide a quantitative assessment of the economic impact of historic districts, this project compares property values from 1990, 2000 and 2010 in both a historically designated …
Residential Property Values And Historic Districts: A Kalamazoo Case Study, Curtis John Aardema
Residential Property Values And Historic Districts: A Kalamazoo Case Study, Curtis John Aardema
Research and Creative Activities Poster Day
Often cited by proponents as a productive tool for preserving the cultural and physical elements of the American built environment, historic districts are alternatively branded as burdensome and regressive to future development by critics. In order to provide a quantitative assessment of the economic impact of historic districts, this project compares property values from 1990, 2000 and 2010 in both a historically designated and a non- designated neighborhood in Kalamazoo, Michigan. Through tedious sampling techniques and statistical analysis, the results of the project indicated a link between historic districts and higher property values.