An exploratory review of the effects of toxic mold on real estate values.
Language: English Series: The Appraisal Journal ; Spring 2005, 156-166(11)Publication details: 2005Subject(s): Summary: Reports outcomes of ten litigated toxic mold cases: a contingent valuation (CV) in South Carolina; mold case studies of an apartment complex near Seattle; and a group of homes in Cleveland, Ohio The litigated cases had very large payouts, some larger than the property value. Postcure reductions of 20-37% in property value were revealed in the CV surveys. The apartment property contaminated with toxic mold had losses in excess of 60% and potentially as high as 100%. A mildly affected group of homes in Cleveland, Ohio, incurred unit remediation costs of 5-15%. [Taken from journal abstract.]| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130312 (Browse shelf(Opens below)) | 1 | Available | 130312-1001 |
Reports outcomes of ten litigated toxic mold cases: a contingent valuation (CV) in South Carolina; mold case studies of an apartment complex near Seattle; and a group of homes in Cleveland, Ohio The litigated cases had very large payouts, some larger than the property value. Postcure reductions of 20-37% in property value were revealed in the CV surveys. The apartment property contaminated with toxic mold had losses in excess of 60% and potentially as high as 100%. A mildly affected group of homes in Cleveland, Ohio, incurred unit remediation costs of 5-15%. [Taken from journal abstract.]