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The impact of hurricanes on residential property value

van Veelen, Enzo (2020) The impact of hurricanes on residential property value. Master thesis.

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Abstract

This thesis considers a quantitative study of the effects of hurricane Charley on residential property values in Orange County Florida in the wake of the hurricane event. This thesis has a specific focus on the differences between the structure type of a residential property. A hedonic model is the basis of the analysis and in order to determine differences between properties and structure types a difference-in-difference model is used. The regression results show a discount in sales price regarding residential properties sold in the target area after the hurricane event, compared to properties sold in the control area. Additionally, results are found that properties with stone exterior walls sell at a discount within the target area in the wake of a hurricane event.

Item Type: Thesis (Master)
Degree programme: Real Estate Studies
Supervisor: Vlist, A.J. van der
Date Deposited: 03 Sep 2020 06:56
Last Modified: 03 Sep 2020 06:56
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/3340

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