Next Article in Journal
Multi-Layered Capital Subsidy Policy for the PV Industry in China Considering Regional Differences
Next Article in Special Issue
Change Detection of Phragmites Australis Distribution in the Detroit Wildlife Refuge Based on an Iterative Intersection Analysis Algorithm
Previous Article in Journal
General Spatiotemporal Patterns of Urbanization: An Examination of 16 World Cities
Previous Article in Special Issue
Using Social Media for Emergency Response and Urban Sustainability: A Case Study of the 2012 Beijing Rainstorm
Article Menu

Export Article

Open AccessArticle
Sustainability 2016, 8(1), 44; doi:10.3390/su8010044

The Effects of Ambient Water Quality and Eurasian Watermilfoil on Lakefront Property Values in the Coeur d’Alene Area of Northern Idaho, USA

1
Department of Geography, University of Idaho, Moscow, ID 83844, USA
2
Department of Fish and Wildlife Sciences, University of Idaho, Moscow, ID 83844, USA
3
Idaho Water Resources Research Institute, University of Idaho, Moscow, ID 83844, USA
*
Author to whom correspondence should be addressed.
Academic Editors: Yichun Xie and Xinyue Ye
Received: 24 September 2015 / Revised: 13 December 2015 / Accepted: 25 December 2015 / Published: 5 January 2016
(This article belongs to the Special Issue Geo-Informatics in Resource Management & Sustainable Ecosystem)
View Full-Text   |   Download PDF [1815 KB, uploaded 5 January 2016]   |  

Abstract

Amenity value of water resources has become a major driving force of recent population growth in the region centered on Coeur d’Alene Lake in northern Idaho, USA. Despite regulatory measures aimed to protect lake water quality, surface water quality is increasingly threatened by lakefront development and invasions of Eurasian watermilfoil (Myriophyllum spicatum), a non-indigenous aquatic plant species. We used hedonic modeling to estimate the effects of ambient water quality and the presence of Eurasian watermilfoil on lakefront property values of single-family homes in the Coeur d´Alene area. We find that property values are positively associated with Secchi depth (a proxy of water quality or clarity), and negatively related to the presence of watermilfoil. Results of spatial regime analysis indicate the geographical variations of these associations. The presence of watermilfoil was related to a 13% decline in mean property value, corresponding to $64,255 USD, on average, lower property sales price. Our study demonstrates that proactive mitigation approaches to cope with potential environmental degradation in lake ecosystems could have significant economic benefits to owners of lakefront properties and local communities. View Full-Text
Keywords: water quality; Eurasian watermilfoil; hedonic analysis; Coeur d’Alene water quality; Eurasian watermilfoil; hedonic analysis; Coeur d’Alene
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Liao, F.H.; Wilhelm, F.M.; Solomon, M. The Effects of Ambient Water Quality and Eurasian Watermilfoil on Lakefront Property Values in the Coeur d’Alene Area of Northern Idaho, USA. Sustainability 2016, 8, 44.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top