TagProperty Values(25)

MIT CEEPR Working Paper 2026-06 by Florian Allroggen, R. John Hansman, Christopher R. Knittel, Jing Li, Xibo Wan, and Juju Wang estimating the causal effect of aviation noise on housing prices using quasi-experimental variation from FAA rollout of performance-based navigation (PBN) procedures and runway reconfigurations at three major U.S. airports. Using a difference-in-differences hedonic price

NBER Working Paper No. 34431 by Florian Allroggen, R. John Hansman, Christopher R. Knittel, Jing Li, Xibo Wan, and Juju Wang (MIT, Tufts, University of Connecticut), October 2025. Estimates causal effect of aviation noise on U.S. housing prices using quasi-experimental variation from FAA performance-based navigation (PBN) procedures and runway reconfigurations at three major U.S. airports.

King County Department of Assessments presentation by Assessor John Wilson on property values, taxes, and exemptions, delivered at a study session on April 4, 2024. Covers DOA functions including valuation of 720,000+ King County residential and commercial properties, physical inspection cycles (once every 6 years), trending 5/6th of properties to market values, residential and commercial

King County Department of Assessments 2024 annual residential revalue report covering Area 26 (Steel Lake/Star Lake), Area 29 (Kentridge), Area 61 (Kent Meridian), Area 62 (Lea Hill), and Area 88 (Des Moines/SeaTac/Kent). Authored by King County Assessor John Wilson. Explains mass appraisal methodology, property inspection cycles under RCW 84.40.025, time-adjusted sales analysis using three years

King County Department of Assessments 2024 Annual Update for Area 088, listing vacant and improved property sales available for the 2024 assessment roll. Vacant sales include 9 parcels in Sub Areas 2, 3, 5, and 6 with sale dates ranging from 2021 to 2023, lot sizes from 7,215 to 89,513 sq ft, and sale prices

This document outlines several key challenges related to aircraft noise near Seattle-Tacoma (Sea-Tac) Airport. It notes that existing noise measurement systems lack the precision needed by planners, residents, and courts, while federal FAA funds cannot be used to purchase noise-affected lands unless they serve specific airport purposes. Additional concerns include restricted HUD/VA mortgage financing in high-noise areas, the potential negative impact on local tax bases if the Port of Seattle acquires large amounts of noise-sensitive land, and widespread property owner anxiety over declining home values and marketability.

A property value study prepared by Saundra Mock of John L. Scott Real Estate examines how home values in King County and areas affected by Sea-Tac Airport air traffic compare to surrounding communities without an air traffic freeway overhead. Using data from the Northwest Multiple Listing Service, the study presents maps, zip codes, and median home values for affected and unaffected cities in the Seattle area, allowing readers to draw their own conclusions about the impact of airport noise on local real estate.