In my story Friday, I mentioned a study by USD economist Andrew Narwold of the impact of Mills Act designations on the designated house and on surrounding houses.

Narwold’s work in this study and another one found a 16 percent increase for the house itself, and benefits for the surrounding houses up to 500 feet away.

Narwold passed along a link to that paper this morning. The paper, “Historic Designation and Residential Property Values,” was just published in the International Real Estate Review journal.

— KELLY BENNETT

Leave a comment

We expect all commenters to be constructive and civil. We reserve the right to delete comments without explanation. You are welcome to flag comments to us. You are welcome to submit an opinion piece for our editors to review.

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.