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Residential Property Values and Historic Districts: A Kalamazoo Case Study

Faculty Mentor

Dr. Gregory Veeck

Department

Geography

Presentation Date

4-24-2015

Document Type

Poster

Abstract

Often cited by proponents as a productive tool for preserving the cultural and physical elements of the American built environment, historic districts are alternatively branded as burdensome and regressive to future development by critics. In order to provide a quantitative assessment of the economic impact of historic districts, this project compares property values from 1990, 2000 and 2010 in both a historically designated and a non- designated neighborhood in Kalamazoo, Michigan. Through tedious sampling techniques and statistical analysis, the results of the project indicated a link between historic districts and higher property values.

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