Date of Award
Master of Arts (MA)
Geography and Geology
Dr. Charles R. Gildersleeve
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.
Rawlings, Lesli M., "The Impact of Apartment Complexes on Property Values of Single-Family Dwellings West of lnterstate-680 in Omaha, Nebraska" (2002). Student Work. 1445.
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