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Question

jamesy111

November 03, 2012 03:04

Hello, I am trying to estimate the disamenity value of water quality captured in property values..For example, we got estimates for reducing certain unit amount of bad environmental quality captured in property price. Using those values, we will calculate increased aggregate tax values on a county level (2010) associated with a decrease in bad water quality, and use it as a input in real estate industry in a study area. I wonder if this broad idea makes sense in IMPLAN model. Thank you!

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IMPLAN Support
November 03, 2012 04:16

Hi James, You can model the increased value of tax receipts through the State and Local Government non-education spending pattern found in the Activity Options>Import> Institutional Spending Pattern. Likewise if real estate agents earn higher commissions for selling these homes, the increased commissions can be run though a Labor Income Change Activity. Increased value or decreased value of a home; however, does not have any economic impacts, as this value is imputed rather than related to a change in economic activity. Please let us know if you have any additional questions.

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