Hazardous waste can have serious ramifications on the value of the subject property, not to mention the values of surrounding properties and neighborhoods.
We've already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.
Final EPA Rule Prohibits “Sewering” of Pharmaceutical Hazardous Waste (California Dental Association, Sep. 3, 2019)
Environmental Groups Move to Sue South Bay Refinery over Mishandling of Hazardous Waste (Los Angeles Times, Aug. 7, 2019)
Learn the Basics of Hazardous Waste (United States Environmental Protection Agency, Apr. 26, 2019)
The Hazardous Waste Beneath Us: Sociologists Unearth a Buried Problem (The Guardian, Sep. 19, 2018)
Estimating the Effects of Brownfields and Brownfield Remediation on Property Values in a New South City (Contemporary Economic Policy, January 1, 2017) E
Economics of Land Cleanup and Waste Management (United States Environmental Protection Agency)
Impact on Property Value & Other Issues
Cinnaminson Landfill Turned into a Solar Panel Farm (Burlington County Times, Aug. 7, 2019)
Analysis: Financial Impacts on Property Values, Counties with Landfills (All On Georgia, Jul. 8, 2019)
PFAS Pollution Already Costing Michigan Communities Millions of Dollars (MLive, Mar. 21, 2019)
Booming Postindustrial Neighborhoods Often Overlook Polluted Past (Curbed, Oct. 9, 2018)
Toxic Waste Sites and Environmental Justice: Research Roundup (Journalist’s Resource – Harvard Kennedy School, Sep. 24, 2018)
Upstate New York Residents Sue Waste Management Over Landfill Odor, Noise (Waste Dive, Aug. 16, 2018)
Environmental Hazards Don’t Quell Price Hikes (REALTOR® Magazine, Feb. 22, 2018)
The Influence of Leaking Underground Storage Tanks on Nearby House Values (Journal of Economic Insight, January 1, 2018) E
Brownfields: The Basics & Appraisal Techniques
Brownfields: Properties with New Purpose – Improving Local Economies in Communities with Brownfield Sites (United States Environmental Protection Agency, June 2019)
A New Gold Rush: Finding Opportunities in Brownfields (NJ Biz, May 27, 2019) E
Making Lemonade Our of Lemons: Opportunity Zones, Brownfields Redevelopment, and Environmental Considerations in Real Estate Deals (The National Law Review, Feb. 27, 2019)
Turning Brownfields into Green Land Neither Cheap nor Easy (Indiana Lawyer, September 2018) E
Brownfields (United States Environmental Protection Agency)
Superfund (United States Environmental Protection Agency)
My Environment (United States Environmental Protection Agency)
NAR Talking Points: How to Talk About Environmental Issues (National Association of REALTORS®)
Smart Growth: A Toolkit for REALTORS® (National Association of REALTORS®)
Household Hazardous Waste (United States Environmental Protection Agency)
Books, eBooks & Other Resources
The following eBooks and digital audiobooks are available to NAR members:
Pollution and Property (eBook)
Sustainable Property Development (eBook, Kindle)
Books, Videos, Research Reports & More
The resources below are available for loan through Member Support. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Member Support at 800-874-6500 for assistance.
Property Values and Environmental Factors Special Edition (San Diego, CA: American Real Estate Society, 2014) NAC1565 Am3
Environmental Hazards and Residential Property Values: Evidence from a Major Pipeline Event (Bellingham, WA: Western Washington University, 2006) NAC 1565 H19
Greenfields, Brownfields and Housing Development (Oxford, UK: Blackwell Publishers, 2002) NAC 852 A1
Valuing Contaminated Properties: An Appraisal Institute Anthology (Chicago, IL: Appraisal Institute, 2002) HD1389.5.U6 V36 2002
Have an idea for a real estate topic? Send us your suggestions.
The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.