Residential Selling Price Performance In and Next to Historic Districts: A Case Study of Savannah, Georgia

The Florida Geographer

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Field Value
 
Title Residential Selling Price Performance In and Next to Historic Districts: A Case Study of Savannah, Georgia
 
Creator Atherwood, Serge; Pennsylvania State University
Walter, Rebecca J.; Florida Atlantic University
Ivy, Russell; Florida Atlantic University
 
Subject Agricultural Sciences, Geography
price per square foot, historic district, adjacent neighborhood
 
Description As a community and economic development tool, the historic designation of districts can bring multiple benefits, including a premium to the selling price of homes in designated districts. This study examines fluctuations in property values in seven historic districts and 12 adjacent non-historic neighborhoods in Savannah, Georgia, across a nine-year period (2002-2010) that includes the mid-2000s bubble in real estate prices and the late-2000s financial crisis. We investigate a geographic perspective to residential selling price performance, using a comparison of historic and non-historic districts, and reveal that residential properties in designated historic districts resisted price depreciation better than properties in non-historic neighborhoods.
 
Publisher The Florida Geographer
 
Contributor
 
Date 2013-01-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://journals.fcla.edu/flgeog/article/view/81209
 
Source The Florida Geographer; Vol 43 (2012): The Florida Geographer
0739-0041
 
Language eng
 
Relation http://journals.fcla.edu/flgeog/article/view/81209/78353
 

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