Urban Land: Values and Accessibility

Determining the Property Value Impact of Landfills

“…This research identified two schools of thought that have contributed much to the study of variables that account for variations in property value among urban neighborhoods. The first school is the classical urban land use market theorists (von Thunen, 1966;Alonso, 1964;Muth, 1969;Waldo, 1974) and the second school is the contemporary professional property appraisers/assessors (Schmutz, 1944;Vaughan, 1984;Rutledge, 1986). The reader should note that the latter school has benefitted more from the work of the former.…”