Skip to main content

Advertisement

Log in

Estimating land market values from real estate offers: A replicable method in support of biodiversity conservation strategies

  • Research Article
  • Published:
Ambio Aims and scope Submit manuscript

Abstract

While cost estimation is a very positive tool for spatial conservation prioritisation, there are few examples where costs (in monetary terms) are applied. We present a repeatable method to estimate and map field values in monetary terms using common correlative models. We modelled, with a resolution of 1 km2, the information obtained by several real estate’s agencies with a set of eleven environmental, climatic, and anthropogenic variables. Land cover was the main influencing factor, but further variables were affecting bids on field sales according to the socio-economic specificity of each administrative province. The estimated values were related to endemic plant species richness, their conservation status and altitudinal ranges. Richest areas in endemics have lower values given current market conditions and, within these endemic rich areas, values near the coast were generally higher than the rest of endemic-rich territories. Despite their limits, our method offers an alternative perspective on the challenges of simplifying the extrapolation of useful information for planning and disseminating the conservation of many ecosystem services providers.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1
Fig. 2
Fig. 3

Similar content being viewed by others

References

Download references

Acknowledgements

We would like to thank all people who provided field and unpublished data. We are also grateful to the Editor and the anonymous reviewers for their critical comments and suggestions.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Giuseppe Fenu.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Fois, M., Fenu, G. & Bacchetta, G. Estimating land market values from real estate offers: A replicable method in support of biodiversity conservation strategies. Ambio 48, 313–323 (2019). https://doi.org/10.1007/s13280-018-1074-3

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s13280-018-1074-3

Keywords

Navigation