Compared to residential properties or other development, agricultural land requires fewer public services, contributes to storm water management, and provides wildlife habitat. Houses near open space often sell at a higher price. Because urban sprawl is a concern, many communities have implemented zoning and tax exemptions for agricultural use. Farmland preservation programs have developed through which local governments or private organizations buy the land development rights. But, urban sprawl also has potential benefits and many communities have policies that inadvertently encourage sprawl. This article summarizes research analyzing the effect of urban proximity on Oklahoma agricultural land values.
Organization |
Oklahoma Cooperative Extension Service |
Publisher |
Oklahoma State University |
Publication Views |
868 |
Material Type |
Written Material |