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Title Everyday low market values? : the effect of Wal-Mart stores and residential property values
Author Brown, Matthew Thomas
Department Department of Economics and Business
Institution Colorado College
Degree Type bachelor
Degree Name Bachelor of Arts
Type of Resource text
Digital Origin reformatted digital
Date Accepted 2007
Date Digitized 2009
Abstract This paper examines the effects of Wal-Mart stores on single family residential property values from 1994 to 2004 in Colorado Springs, Colorado. Two Wal-Mart sites, which opened in 1993 and 1996, were chosen and data were gathered from the El Paso County Assessors Office. The study uses a hedonic pricing model to determine the effects not only on the market value differences over ten years, but also the change in market values from 1995 to 1997, which studies the pre-Wal-Mart effect for one of the sites. As a result, a property next door to Wal-Mart is not valued as high as a property one mile away. However, market values are not worth as much if they are located over one mile away. Therefore, a property is valued the highest just under one mile away.
Keywords Wal-mart
Property values
Hedonic modeling
Rights Statement Copyright restrictions apply. Contact the author for permission to publish.
Extent 57 p. : ill., col. maps ; 29 cm.
Note (thesis) Senior Thesis - Colorado College
Note (bibliography) Bibliography : p. 55-57
Publisher Colorado College
Place of Publication Colorado Springs, Colorado
Language eng
OCLC Identifier 159957739
Handle http://hdl.handle.net/10176/coccc:2948
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Created: Wed, 05 May 2010, 14:10:51 MST by Cindy Tappan . Detailed History