The Value of Proximity to External Amenities and Mountain Views in the Metropolitan Denver Residential Housing Market
Date of Award
Adams, Arapahoe and Denver Counties, Natural amenities, Community amenities, Residential housing prices, Hedonic pricing model
This research examines how natural amenities, such as views of Colorado’s Front Range mountains and proximity to lakes, parks and recreational areas, as well as proximity to community amenities such as hospitals, active wastewater treatment plants, fire and a police stations impact residential housing prices in Adams, Arapahoe and Denver Counties using a hedonic pricing model. Views of the mountains produced the most impact on home sale value in 2000 followed by proximity to a lake of 250 feet. These results demonstrate the importance of environmental amenities to single-family home buyers and can be used to inform parties involved in the future development of the area.
Waldron, Tabatha Rose, "The Value of Proximity to External Amenities and Mountain Views in the Metropolitan Denver Residential Housing Market" (2013). Geography and the Environment: Graduate Student Capstones. 47.
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