Physical Sciences and Mathematics Commons^™

Understanding The Drivers Of Forest, Residential, And Agricultural Land Values In Yamhill County Using Hedonic Models, Emily D. Dietrich

Environmental Science and Management Professional Master's Project Reports

Hedonic modeling is commonly used in land and property value estimations in an attempt to identify the impact that various attributes have on the market value of that property. The purpose of this study is to examine the factors contributing to land value of agricultural, forest, and residential properties in Yamhill County, as part of the Spatial Ecosystem Services Analysis, Modeling, and Evaluation (SESAME, http://www.pdx.edu/ecosystem-services/) project. This paper discusses the process and preliminary results of the development of hedonic models that will be utilized for predicting land value changes under future land conversion scenarios. Applying the models to future scenarios …