“…While studies in the late 1990's and early 2000's had sample sizes of only a few hundred and at times less than a hundred (Boyle, Poor, and Taylor 1999;Michael, Boyle, and Bouchard 2000;Poor et al 2001;Boyle and Taylor 2001), recent studies, due to the advent of large spatial scale data on property sales and environmental characteristics, may include 10,000 to 50,000 observations (Walsh, Milon, and Scrogin 2011;Liu, Opaluch, and Uchida 2017;Weng et al 2020). The smallest sample size we found in the recent literature comprises 1,020 observations in two counties in Wisconsin (Wolf and Kemp 2021). Thus, we set the minimum sample size for our study at 1,000 transactions, and no alternative is considered.…”