000 01238cab a2200241 4500
001 A342
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u28568
041 _aeng
100 _aMundy, Bill
245 _aStigma and value
260 _c1992
350 _a0
490 _aAppraisal Journal
_v60(1) January 1992, 7-13(7)
520 _aThe value effects of contamination are currently receiving considerable attention. Direct market evidence, such as that provided by comparable sales, is difficult to obtain and often does not offer significant insight into factors that influence the value of contaminated property. The meagre evidence available suggests that the market is acting irrationally as a result of a difference between real and perceived risk and that unexplained value effects exist (ie the value of a clean property does not equal the contaminated value plus the cost to cure). This article discusses the causes of stigma as well as how stigma may explain a great deal of present market uncertainty.
650 _aCONTAMINATED LAND
650 _aContamination
_96231
650 _aUNITED STATES
650 _aVALUE
690 _aRATING AND VALUATION
942 _n0
948 _c04/03/1997
999 _c19210
_d19210