Abstract The hedonic pricing method was applied to examine the effect of working forest conservation easements (WFCEs) on the value of surrounding land parcels in state of Georgia. Data were collected on attributes of WFCEs in 62 counties and 46,580 property sales occurring from 2001 to 2018. Results suggested that one size did not fill all and that the type of property (agricultural, commercial or residential) near a WFCE played a large role in determining potential price effects of land cover types and other attributes. Additionally, an increase in the age of the nearest WFCE had a negative price effect on surrounding properties. This research could be used in strategic management decisions to maximize both conservation and economic outcomes.

中文翻译：

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工作森林保护地役权对周围财产价值的影响

摘要 应用享乐定价法研究了乔治亚州工作森林保护地役权（WFCE）对周围地块价值的影响。收集了 2001 年至 2018 年 62 个县的 WFCE 属性和 46,580 处房产销售的数据。结果表明，一种规模并不能满足所有需求，WFCE 附近的房产类型（农业、商业或住宅）在其中发挥了重要作用。确定土地覆盖类型和其他属性的潜在价格影响。此外，最近的 WFCE 年龄的增加对周边房产的价格产生了负面影响。这项研究可用于战略管理决策，以最大限度地提高保护和经济成果。