Table 1

Summary Statistics Original Sample

VariableMean (SD)
CTCG1CTCG2CTCG3MACG1aMACG2MACG3
Housing price ($)625,980.30346,222.02368,298.016301,488.34575,629.36474,796.33
(534,865.48)(244,518.71)(270,987.67)(200,161.84)(391,224.77)(263,422.31)
Flood zone (SFHA)0.1150.0940.1260.0750.1110.098
(0.319)(0.292)(0.332)(0.264)(0.314)(0.297)
Ln (ocean view area [sq. ft.])0.4090.8761.3010.9090.5490.900
(2.269)(3.386)(4.068)(3.377)(2.657)(3.419)
Ln (ocean view angle)0.0560.1410.2030.1300.0740.136
(0.400)(0.660)(0.799)(0.620)(0.466)(0.647)
Ocean viewshed slice no.0.0960.2020.3290.3340.2130.344
(0.891)(1.477)(1.721)(2.576)(2.648)(2.686)
Ocean viewshed distance (ft.)5,167.1975,035.6944,906.2665,039.4605,138.0755,032.400
(722.325)(1,041.586)(1,271.953)(1,008.281)(777.746)(1,032.181)
Coast front0.0040.0150.019
(0.064)(0.123)(0.137)
River front0.0060.0040.017
(0.075)(0.062)(0.129)
Waterfront across street0.0020.0040.007
(0.041)(0.063)(0.080)
Building sq. ft. (living space)1,985.6921,701.5861,725.7691,669.7381,759.9581,807.735
(1,067.370)(778.764)(785.382)(516.570)(603.861)(634.350)
Lot sq. ft.18,750.65820,558.66130,499.81916,955.17823,313.37215,473.128
(22,929.872)(31,212.687)(50,645.934)(53,425.323)(55,341.864)(26,889.447)
Building age58.93259.06253.98966.90341.22765.608
(30.157)(32.146)(33.479)(37.426)(29.776)(37.758)
Ground elevation93.55569.07865.16422.47112.90719.478
(68.233)(69.921)(58.312)(13.260)(8.975)(13.539)
Total bedrooms3.2753.1403.1222.9543.0503.049
(0.869)(0.845)(0.839)(0.855)(0.836)(0.961)
Ln (distance to coastline [hundreds ft.])4.0343.6423.5763.5072.9203.133
(0.990)(1.286)(1.332)(1.070)(1.023)(1.186)
Ln (distance to nearest highway exit [miles])0.6180.7700.8990.8651.4581.116
(0.252)(0.361)(0.362)(0.498)(0.721)(0.505)
Ln (distance to nearest highway [hundreds ft.])2.5822.5112.6003.3463.4002.705
(0.821)(0.904)(0.946)(1.216)(1.445)(1.036)
Ln (distance to nearest airport [hundreds ft.])b5.3125.0175.0534.2944.8754.797
(0.677)(0.802)(0.717)(0.671)(0.791)(0.743)
N42,31432,25019,04215,54145,223130,389

Note: CTCG / MACG = county groups; SFHA = special flood hazard area.

  • a The waterfront variables are not generated for Massachusetts.

  • b The airports here include small airports to approximate the disamenities from being close to an airport.