Table 5

Lake and Housing Characteristics Used in Implicit Price Calculation

Trophic StatusNumber of Homes (N = 1020)WCSATWCDISK
Annual Minimum (ft.)Annual Mean (ft.)Annual Minimum (ft.)Annual Mean (ft.)Surface Area (km2)Sale Price
All10207.19
(3.56)
8.59
(3.59)
7.12
(4.69)
9.29
(5.31)
5.97
(6.00)
$270,194
(163,048)
Eutrophic4154.30
(1.69)
5.79
(1.59)
3.42
(1.18)
4.81
(1.48)
8.18
(7.28)
$248,313
(143,976)
Mesotrophic4408.20
(2.19)
9.23
(2.25)
7.73
(3.14)
10.29
(2.88)
4.20
(3.67)
$279,359
(173,457)
Oligotrophic16511.76
(3.71)
13.94
(3.24)
14.76
(3.47)
17.87
(4.47)
5.11
(5.65)
$300,787
(173,019)
  • Note: Standard deviations are in parentheses.