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<br />. <br /> <br />. <br /> <br />. <br /> <br />The property value changes with increasing linear feet of fish habitat maintained are <br />relevant from one to 250 linear feet of restoration. The values for improving fish habitat <br />range from $1,000 for one linear foot to $15,000 for the mean amount of restoration (225 <br />linear feet). Again, these values are based on the range of the data in the sample. Changes <br />in property values from $1,000 for one linear foot to $11,350 for 175 linear feet of reduced <br />flood damage are determined from the model. These values represent a continuous measure <br />of the value of restoration activities. <br /> <br />CONCLUSION <br /> <br /> <br />The hedonic pricing method proved applicable to measuring the benefits of selected <br /> <br /> <br />urban stream measures. The Box-Cox non-linear regression model provided an equation for <br /> <br />which the coefficients of stream restoration variables could be estimated. From the <br /> <br /> <br />regression coefficients, property value changes were calculated and the value of restoration <br /> <br /> <br />measures determined. These increases in property values were attributed to specific stream <br /> <br /> <br />restoration measures, yet the high correlation among measures indicates that generally more <br /> <br /> <br />than one measure is reflected in the value of anyone individual measure. <br /> <br /> <br />For measures such as establishing an education trail, maintaining fish habitat, and <br /> <br /> <br />acquiring land and/or easements along a stream, the one time increase in property value <br /> <br /> <br />ranges from about $15,570 to $19,120 per single family residence. For stabilizing stream <br /> <br />banks (which includes clearing obstructions, revegetating stream banks and cleaning up the <br /> <br />stream) and reducing flood damage, property values increase about $4,480 to $7,800 per <br /> <br />17 <br />