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Analyzing the impact of flood plain regulations upon residential land values: The North Albany case study Public Deposited

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https://ir.library.oregonstate.edu/concern/graduate_projects/zc77sq77b

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  • Land use regulation as a nonstructural method of flood damage mitigation has proven to be a controversial measure due, among other things, to suspected adverse impacts upon residential land values. Little evidence, however, has been gathered to substantiate this claim. This study attempts to analyze the relationship between flood plain regulations and assessed residential land values of 91 parcels in North Albany, Oregon, for the years 1970 and 1976. The study lots were about equally divided between land regulated and not regulated by a 1974 Benton County flood plain ordinance. Interpretation of the data was complicated by assessment procedures such as development discounts, allowances for the availability of water and sewer services, and reductions due to building site limitations. Statistical testing indicates little significant difference between the appreciation rates of the two parcel categories during the years of observation. The results suggest that in the North Albany area the demand for desirable residential properties may outweigh the impact of flood plain regulations.
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  • File scanned at 300 ppi (Monochrome, 8-bit Grayscale) using ScandAll PRO 1.8.1 on a Fi-6770A in PDF format. CVista PdfCompressor 4.0 was used for pdf compression and textual OCR.
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