Historic Preservation and Residential Property Values: Evidence From Quantile Regression

@inproceedings{ZahirovicHerbert2011HistoricPA,
  title={Historic Preservation and Residential Property Values: Evidence From Quantile Regression},
  author={Velma Zahirovic-Herbert and Swarn Chatterjee},
  year={2011}
}
Historic designation is increasingly used as a means to achieve both preservation and community economic development. This study considered the effects of historic designation on residential property values in Baton Rouge, Louisiana. Our results support the well-established notion in urban economics literature that historic preservation generally has a positive impact on property values and, in particular, that the historic designation is associated with average property value increases ranging… CONTINUE READING

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