Author

Leslie Gould

Advisor

Petrolia, Daniel R.

Committee Member

Maples, Joshua G.

Committee Member

Cummings, Reid

Committee Member

Yun, Seong

Date of Degree

8-1-2020

Original embargo terms

Complete embargo for 6 months||forever||5/15/2021

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

Comments

Zillow ZTRAX||Hedonic Regression||Wind Mitigation||Nearest Neighbor Matching||Benefit Cost Analysis

Share

COinS