Abstracts of presentations given on Tuesday, 12 July 2005 in session 8 of the UCOWR conference.


This study uses the hedonic price method to examine the relationship between the sale price of single-family residential properties in an urban watershed in Portland, Oregon and (1) the amount of riparian vegetation and upland wildlife habitat on a property, and (2) the amount and quality of riparian corridors within ½ mile of a property. Streams on a property are found to increase a property’s sale price while streams in the surrounding neighborhood have a negative effect. While increasing the overall percentage of riparian corridors and upland wildlife habitat is found to have a positive but declining effect on sale price, a more detailed analysis concludes that the effect depends on the type and quality of resources. The quality and quantity of riparian corridors within ½ mile of properties is being capitalized into the sale price of properties suggesting that restoration efforts will generate benefits to property owners in the study area.