Table 2.

Descriptive statistics for variables used in the Hedonic Pricing Model for Lakeland, Tennessee, USA.

VariablesMinimumsMaximumsMeans
Dependent
Price05 (2005 USD)$115,539$756,884$246,592
Structural
LotSize (m2)4233,8831,336
HouseSize (m2)106541  251
SaleAge (yrs)  034    5
Bath (#)  2  5  2.5
% with% without
Fireplace8614
Pool1387
Neighborhood
NearArt (m)191,588  686
NearC2 (m)  15,4021,465
% Donelson% Lakeland
Elem_Dist1684
% Arlington% BonLin
Middle_Dist5347
Environmental
CanPER_LOT (%)  080  8
Canopy_100 m (%)a  06512
Canopy_500 m (%)a  76527
Canopy_1 km (%)a156735
DistPubPar (m)  0744158
DistLake (m)  02,840575
DistGolf (m)  06,6542,054
  • a Buffers were non-overlapping.