Externalities influence the desirability of a property. They influence the potential prices buyers are willing to pay for a property. This paper investigates the effects of five different water towers on residential values in Denton County, Texas.
Valuation - effects of encumbrances, Valuation - effects of neighborhood
Guttery, R. S., & Reichert, C. (2017). Do water towers affect property values?. Journal of Property Tax Assessment & Administration, 14(1), 93-107. Retrieved from https://researchexchange.iaao.org/jptaa/vol14/iss1/4