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WATER RESOURCES RESEARCH GRANT PROPOSAL

Project ID:2005ND78B

Title: The Impact of Wetlands and Wetland Easements on North Dakota Land Values

Project Type: Research

Start Date: 03/01/2006

End Date: 02/28/2007

Congressional District: 1

Focus Categories: Wetlands, Economics, Management and Planning

Keywords: USFWS wetland easements, NWI, land values

Principal Investigator: Leitch, Jay Andrew

Federal Funds: $ 6,400

Non-Federal Matching Funds: $ 12,800

Abstract: Wetlands are ubiquitous across the Prairie Pothole region of North and South Dakota and Minnesota and numerous federal, state, and non-governmental agencies are actively involved in purchasing wetland conservation easements from private landowners. To ensure that such programs are effective in encouraging landowners to place wetlands under easement while minimizing the expenditure of public funds, it is necessary that the impact of both wetlands and wetland easements on land values be fully understood. This research will quantify the impact of both wet and dry wetlands and wetland easements on land values across all of North Dakota during the 2000-2004 time period. The impact of land parcels sold for hunting/recreation purposes on the value of surrounding agricultural land sales will be assessed as a continuation of the previous research.

Progress/Completion Report, PDF


U.S. Department of the Interior, U.S. Geological Survey
URL: http://water.usgs.gov/wrri/06grants/2005ND78B.html
Maintained by: John Schefter
Last Updated: Friday, January 18, 2008
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