@article{Kaltsas:47204,
      recid = {47204},
      author = {Kaltsas, Ioannis K. and Bosch, Darrell J. and McGuirk,  Anya M.},
      title = {Residential Land Values in Urbanizing Areas},
      journal = {Journal of Agricultural and Applied Economics},
      address = {2008-08},
      number = {1379-2016-112868},
      pages = {13},
      year = {2008},
      abstract = {Zoning decisions related to residential lot size and  density affect residential land value.
Effects of size on  residential parcel value in Roanoke County, VA, are  estimated with fixed
effects hedonic models. Parcel size;  elevation; soil permeability; proximity to urban  areas,
malls, and roads; and location influence parcel  value, but the effects vary by value of
construction and  development status. Parcel value per square meter declines  with increasing
parcel size. The estimated relationships  could be used to evaluate zoning decisions in terms
of land  values and tax revenues if model estimation uncertainties  and responses by
developers to zoning strategies are  considered.},
      url = {http://ageconsearch.umn.edu/record/47204},
      doi = {https://doi.org/10.22004/ag.econ.47204},
}