MANITOWOC COUNTY LAKES ASSN: Economic Impacts of Water Clarity; Manitowoc Co; MCLA

Purpose

The Manitowoc County Lakes Association is sponsoring a project to evaluate how lake water clarity impacts property values in Manitowoc County. Project final deliverables include: all data collected and a final report of the findings developed by the University of Wisconsin - Eau Claire describing lake water clarity and property values for Manitowoc County. This scope summarizes the project detail provided in the application and does not negate tasks/deliverables described therein. Data, records, and reports, including GIS-based maps, and digital images, must be submitted to the Department in a format specified by the regional Lake Biologist. If consultant is to provide final report, it is recommended that Grantee provide DNR Lake Coordinator with a draft for comment on report adequacy prior to making final payment to the consultant. DNR to receive both paper and electronic .pdf copies of the final report along with, or prior to submission of grantee's final payment request

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Lakes Grant
Small Scale Lake Planning
SPL39518
2018
Active
 
Reports and Documents
We were tasked with answering the question of: How does water clarity affect housing values within Manitowoc County? To do this within this study, we examined over 8000 housing sale transactions within a four-county region including and adjacent to Manitowoc County. In order to evaluate water clarity, satellite data from the Wisconsin DNR was utilized. Using hedonic modeling, we find that a one-foot increase in water clarity will result in a 3.2% increase in home values for properties located within 250 meters of a lake. This proposes a clear economic rationale for improving water quality in lakes within this region.
 
Activities & Recommendations
Grant Awarded
The Manitowoc County Lakes Association is sponsoring a project to evaluate how lake water clarity impacts property values in Manitowoc County. Project final deliverables include: all data collected and a final report of the findings developed by the University of Wisconsin - Eau Claire describing lake water clarity and property values for Manitowoc County.
 
Watershed