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dc.contributor.authorRowan, R. C.
dc.contributor.authorWorkman, J. P.
dc.date.accessioned2020-09-24T02:07:38Z
dc.date.available2020-09-24T02:07:38Z
dc.date.issued1992-05-01
dc.identifier.citationRowan, R. C., & Workman, J. P. (1992). Factors affecting Utah ranch prices. Journal of Range Management, 45(3), 263-266.
dc.identifier.issn0022-409X
dc.identifier.doi10.2307/4002975
dc.identifier.urihttp://hdl.handle.net/10150/644709
dc.description.abstractA total of 341 Utah rural land sales occurring between 1980 and 1987 were analyzed to identify and quantify the determinants of Utah rangeland and ranch prices. Two factors statistically influenced average sale price (/hectare and/or /AUM): number of hectares sold and whether buildings were included in the sale. Regression analysis incorporated statistically significant (P < 0.05) explanatory variables into a predictive equation that expressed total ranch sale price as a function of number of deeded AUMs, building value, year and month of sale, number of leased AUMs, distance to nearest town, recreation influence, and size of parcel sold. The regression model produced an adjusted R2 = 0.91. Value of buildings and number of deeded AUMs explained most of the variability in total ranch sale price.
dc.language.isoen
dc.publisherSociety for Range Management
dc.relation.urlhttps://rangelands.org/
dc.rightsCopyright © Society for Range Management.
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subjectvaluation
dc.subjectselling prices
dc.subjectrural economy
dc.subjecteconometric models
dc.subjectland values
dc.subjectranching
dc.subjectprediction
dc.subjectregression analysis
dc.subjectrangelands
dc.subjectUtah
dc.titleFactors affecting Utah ranch prices
dc.typetext
dc.typeArticle
dc.identifier.journalJournal of Range Management
dc.description.noteThis material was digitized as part of a cooperative project between the Society for Range Management and the University of Arizona Libraries.
dc.description.collectioninformationThe Journal of Range Management archives are made available by the Society for Range Management and the University of Arizona Libraries. Contact lbry-journals@email.arizona.edu for further information.
dc.eprint.versionFinal published version
dc.description.admin-noteMigrated from OJS platform August 2020
dc.source.volume45
dc.source.issue3
dc.source.beginpage263-266
refterms.dateFOA2020-09-24T02:07:38Z


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