Variables and Summary Statistics
| Variable | Description | Mean | Std. Dev. | Min. | Max. |
|---|---|---|---|---|---|
| Price | Property sale price adjusted to 2006 dollars | 126,000 | 128,000 | 2,000 | 6,380,000 |
| Year built | Year house built | 1962 | 22.5 | 1790 | 2006 |
| Near river | 1 if property is within an eighth of a mile of the Mississippi or Missouri rivers | 0.002 | 0.041 | 0 | 1 |
| square feet | square footage of house | 1,670 | 852 | 324 | 19,000 |
| Property square feet | square footage of property (thousands) | 13.8 | 25.6 | 0.705 | 3,310 |
| Quarter mile of a park | 1 if property is within a quarter mile of a park | 0.258 | 0.438 | 0 | 1 |
| Distance to road | Distance to nearest major road (feet) | 4,260 | 3,280 | 54.4 | 23,400 |
| stories | Number of stories | 1.26 | 0.440 | 1 | 3 |
| Rooms | Total number of rooms | 6.61 | 1.75 | 1 | 94 |
| Plumbing fixtures | Total number of plumbing fixtures | 8.39 | 3.39 | 1 | 46 |
| Tenure code | 1 if owner occupied | 0.876 | 0.329 | 0 | 1 |
| school district fixed effects | school districts | — | — | 0 | 139 |
| Municipality fixed effects | Municipalities in st. Louis county | — | — | 0 | 107 |
| style fixed effects | code for style of house | — | — | 1 | 12 |
| Basement fixed effects | code for presence and type of basement | — | — | 1 | 4 |
| Distance to river | Distance to nearest river (miles) | 0.573 | 0.442 | 0 | 2.99 |
| Tributary | 1 if nearest river is a tributary | 0.791 | 0.406 | 0 | 1 |
| Elevation | Mean elevation in feet | 565.1 | 61.53 | 396 | 892 |
| 100-year floodplain | 1 if property is within 100-year floodplain and a 250-foot buffer | 0.064 | 0.245 | 0 | 1 |
| 500-year floodplain | 1 if property intersects a 500-year floodplain | 0.033 | 0.178 | 0 | 1 |