This report considers the environmental consequences of moving the flight training operations of the US Air Force's 82nd Flying Training Wing from the auxiliary airfield, Coolidge-Florence Municipal Airport (CFMA), to a more remote location in Pinal County, Arizona. It examines how actual noise from touch-and-go flights of T-37 aircraft and perceived (anticipated) noise affect the market value of residential property near CFMA. Noise, measured by a noise index, is correlated with market values through a regression analysis applied to a hedonic price model of the Coolidge-Florence housing market. Prices and characteristics of 42 residential properties sold in 1987 and 1988 were used to estimate a perceived noise effect. The report finds that the coefficient on the measure of perceived noise, based on the noise exposure forecast (NEF) index, is statistically insignificant, even though the sign and value are consistent with those estimated in other studies. It concludes that current flights do not have a significant effect on residential property values, partially because there is no housing near CFMA. This and larger studies indicate that flight operations at a new auxiliary airfield would not affect property values if runways were at least 12,000 feet away from housing. 12 refs., 2 tabs.
Effects of aircraft noise at Williams Air Force Base Auxiliary Field on residential property values
1990
18 pages
Report
Keine Angabe
Englisch
Aircraft Noise and Residential Property Values: An Artificial Neural Network Approach
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