Date of Award

7-1-2002

Document Type

Thesis

Degree Name

Master of Arts (MA)

Department

Geography and Geology

First Advisor

Dr. Charles R. Gildersleeve

Abstract

The literature concerning land use exhaustively describes why homeowners dislike apartment complexes, but fails to analyze the problem quantitatively. The objectives of this thesis were to determine if the selling price of single-family dwellings increased with increasing distance from the apartment complex and to determine if the selling price of single-family dwellings decreased with increasing structural density of apartment complexes in Omaha, Nebraska. Fifty apartments built in the year 2000 or before, and 1,665 single-family dwellings, which sold in 1999 and 2000 within 914.4 meters of an apartment complex, were geocoded by address. Data needed to test the hypotheses were sales price, structural characteristics of the dwellings, straight-line distance, and the number o f apartments influencing each dwelling. Quantitative methods employed to test the hypotheses included a full and reduced attribute multiple regression model, factor analysis, and regression analysis using factor scores. The results indicated that sales price did increase with increasing distance from an apartment complex only with the utilization of factor analysis and regression using factor scores. However, the increased number of apartment complexes proved to decrease the sales price of single family dwellings when implementing all of the multivariate analyses.

Comments

A Thesis Presented to the Department of Geography and Geology and the Faculty of the Graduate College University of Nebraska In Partial Fulfillment of the Requirements for the Master of Arts Degree in Geography University of Nebraska at Omaha. Copyright 2002, Lesli M. Rawlings

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