Is it Worth it? The Effect of Local Historic District Designation on Real Property Values in New Orleans, Louisiana
This is a study of the change in property values over a ten year period, from 1993 to 2003, in New Orleans, Louisiana. Sales prices for the entire city are compared to sales prices in two locally designated historic districts and one control neighborhood. The intent of the paper is to identify the effect that local historic protections have on real property values.
Historic preservation, preservation, Irish Channel, Bywater, Historic District Landmarks Commission
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