Contingent valuation, Natural resources - Valuation, Open space preservation
Land is being purchased for its perceived environmental value. Appraisers and assessors must account for that value, which can be done within existing appraisal theory. This paper discusses the attributes that distinguish land with environmental value, the market for such land, and the related appraisal issues.
"First Person: Toward environmental valuation,"
Assessment Journal: Vol. 6
, Article 2.
Available at: https://researchexchange.iaao.org/assessment_journal/vol6/iss2/2