An assessment of single-family housing prices and residential segregation using GIS in Bryan, Texas

Due to the character of the original source materials and the nature of batch digitization, quality control issues may be present in this document. Please report any quality issues you encounter to digital@library.tamu.edu, referencing the URI of the item.Includes bibliographical references: p. 59-63.Issued also on microfiche from Lange Micrographics.Hedonic models have been used by many scholars to forecast prices of housing properties. By incorporating such features as neighborhood quality, environmental factors, and the type of improvements made to a property, the price of a property may be forecast using a hedonic model. This study utilized property sales information of single family homes sold within a portion of the Bryan, Texas, city limits. A comprehensive database of selected residential properties was developed and incorporated into a Geographic Information System (GIS). A hedonic model was used to assess market values for the selected single-family properties in Bryan based on housing and neighborhood characteristics such as racial neighborhood make-up, environmental factors, and the type of improvements made to a property. In addition, various spatial measures and spatial autocorrelation measures were evaluated to determine if there was any spatial dependence between racial makeup and the sales price of a residence. Hedonic modeling, GIS, and the various spatial measures were employed to determine if residential segregation exists within Bryan, Texas