Property values on the plains: The impact of historic preservation

Eric Thompson, David Rosenbaum, Benjamin Schmitz

Research output: Contribution to journalArticle

16 Scopus citations


We provide an estimate of the impact of historic designation on the sale price of single-family homes in Lincoln, Nebraska neighborhoods. We contribute to the literature by measuring the impact of historic designation using sale prices rather than assessed values, and by utilizing time series, cross-section data with both pre-designation and post-designation observations. The entire sample is used to estimate a difference-in-difference model which shows that historic designation yields a $5,000 increase in the value of single-family homes in the period after designation. A sub-sample of houses with repeat sales is used to estimate a repeat sales model, which shows that designation does not impact appreciation rates.

Original languageEnglish (US)
Pages (from-to)477-491
Number of pages15
JournalAnnals of Regional Science
Issue number2
StatePublished - Oct 1 2011


ASJC Scopus subject areas

  • Environmental Science(all)
  • Social Sciences(all)

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