Abstract
The Oregon Plan for Salmon and Watersheds encourages residential property owners to plant riparian buffers in an effort to reduce stream temperature and thus improve fish habitat. This study estimates the change in the value of streamside residential properties in response to planting a treed riparian buffer. A hedonic pricing analysis suggests that treed riparian buffers reduce the market value of stream-front residential property in the study area.
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Mooney, S., Eisgruber, L.M. The Influence of Riparian Protection Measures on Residential Property Values: The Case of the Oregon Plan for Salmon and Watersheds. The Journal of Real Estate Finance and Economics 22, 273–286 (2001). https://doi.org/10.1023/A:1007899716050
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DOI: https://doi.org/10.1023/A:1007899716050