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A hedonic analysis was used to estimate the effect of hog barn proximity on prices of rural residents real estate in the southern region of Minnesota, excluding incorporated cities. Hog barns included in the proximity analysis meet the animal unit numbers for a swine animal sector medium or large confined animal feeding operation (CAFO). Number of bedrooms, bathrooms, size, age of home, and proximity to hog barn(s) were used as explanatory variables in the analysis. This analysis attempts to reveal consumer preferences by determining home value pricing changes due to the independent factors.
Conference | 2022 National Farm Business Management Conference |
Presentation Type | Concurrent Session |