Theses and Dissertations
Issuing Body
Mississippi State University
Advisor
Petrolia, Daniel R.
Committee Member
Maples, Joshua G.
Committee Member
Cummings, Reid
Committee Member
Yun, Seong
Date of Degree
8-7-2020
Original embargo terms
Worldwide
Document Type
Graduate Thesis - Open Access
Major
Agricultural Economics
Degree Name
Master of Science
College
College of Agriculture and Life Sciences
Department
Department of Agricultural Economics
Abstract
Due to the serious impact wind damage has on homes in the Gulf Coast region, policy makers, community developers, and homeowners are seeking ways to lessen impacts. One potential tool to increase properties’ resiliency in the event of a periodic and catastrophic event is wind mitigation, the process of adding features to a building, i.e. a house, to increase the strength of the structure amid a storm such as a hurricane. In this research, I evaluate the tiers of FORTIFIED homes as the mitigation strategies. I use Zillow ZTRAX and Institute of Business and Home Safety data to estimate how each level of FORTIFIED home designation affects property value. The results show FORTIFIED Gold designation on a new home has a 0%-8.4% increase on property value. I place my finding into a BCA of FORTIFIED designation to evaluate how this one benefit fits into the greater picture.
URI
https://hdl.handle.net/11668/18462
Recommended Citation
Gould, Leslie, "The effect of FORTIFIED home designation on property value" (2020). Theses and Dissertations. 4348.
https://scholarsjunction.msstate.edu/td/4348
Comments
Zillow ZTRAX||Hedonic Regression||Wind Mitigation||Nearest Neighbor Matching||Benefit Cost Analysis