RT Journal Article
SR Electronic
T1 Data Practices for Studying the Impacts of Environmental Amenities and Hazards with Nationwide Property Data
JF Land Economics
FD University of Wisconsin Press
SP 200
OP 221
DO 10.3368/le.100.1.102122-0090R
VO 100
IS 1
A1 Nolte, Christoph
A1 Boyle, Kevin J.
A1 Chaudhry, Anita M.
A1 Clapp, Christopher
A1 Guignet, Dennis
A1 Hennighausen, Hannah
A1 Kushner, Ido
A1 Liao, Yanjun
A1 Mamun, Saleh
A1 Pollack, Adam
A1 Richardson, Jesse
A1 Sundquist, Shelby
A1 Swedberg, Kristen
A1 Uhl, Johannes H.
YR 2024
UL http://le.uwpress.org/content/100/1/200.abstract
AB We discuss data quality and modeling issues inherent in the use of nationwide property data to value environmental amenities. By example of Zillow’s Transaction and Assessment Database, a real estate database covering the United States, we identify challenges and propose guidance for (1) identifying arm’s-length sales; (2) geolocating parcels and buildings; (3) identifying temporal links between transaction, assessor, and parcel data; (4) identifying property types, such as single-family homes and vacant lands; and (5) dealing with missing or mismeasured data for standard housing attributes. We review current practice and show that how researchers address these issues can meaningfully influence research findings.