{"title":"分区-肯塔基州列克星敦的社区特征和历史覆盖","authors":"Taylor Price","doi":"10.2139/ssrn.3696080","DOIUrl":null,"url":null,"abstract":"Zoning has a significant impact on our built environment. Overlay zoning, an additional form of restrictive zoning, is a tool that municipalities utilize to control development. This study analyzes the impact that historic district (H-1) and neighborhood character (ND-1) overlays have on single family home sale price in Lexington, KY. Results suggest that overlays have a significant positive impact on home prices. Homes within overlays can expect to have a premium of between 18-27% over comparable homes not in overlay zones. Results also suggest that overlays exhibit spatial impacts that extend further than the homes included in the overlay.","PeriodicalId":434025,"journal":{"name":"Urbanism eJournal","volume":"34 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Zoning – Neighborhood Character and Historic Overlays in Lexington, KY\",\"authors\":\"Taylor Price\",\"doi\":\"10.2139/ssrn.3696080\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Zoning has a significant impact on our built environment. Overlay zoning, an additional form of restrictive zoning, is a tool that municipalities utilize to control development. This study analyzes the impact that historic district (H-1) and neighborhood character (ND-1) overlays have on single family home sale price in Lexington, KY. Results suggest that overlays have a significant positive impact on home prices. Homes within overlays can expect to have a premium of between 18-27% over comparable homes not in overlay zones. Results also suggest that overlays exhibit spatial impacts that extend further than the homes included in the overlay.\",\"PeriodicalId\":434025,\"journal\":{\"name\":\"Urbanism eJournal\",\"volume\":\"34 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-07-10\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Urbanism eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3696080\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Urbanism eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3696080","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Zoning – Neighborhood Character and Historic Overlays in Lexington, KY
Zoning has a significant impact on our built environment. Overlay zoning, an additional form of restrictive zoning, is a tool that municipalities utilize to control development. This study analyzes the impact that historic district (H-1) and neighborhood character (ND-1) overlays have on single family home sale price in Lexington, KY. Results suggest that overlays have a significant positive impact on home prices. Homes within overlays can expect to have a premium of between 18-27% over comparable homes not in overlay zones. Results also suggest that overlays exhibit spatial impacts that extend further than the homes included in the overlay.
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