Waste Disposal Sites and Residential Rental Values Nexus: An Appraisal of Agogo Asante Akyem Dumps

Abstract

The study, using regression and ANOVA, assessed the extent to which waste disposal sites impact residential rental values. The research collected data from both secondary and primary sources using a mixed method cross sectional survey. The linear hedonic price model was adopted to suit the research objectives. A questionnaire survey, expert interviews and a field investigation were used to gather raw data. The study revealed that all the residential properties that were far away from the waste disposal sites had higher rental values between (GH¢1200–1680) than those that were close (GH¢600–720). Construction of an engineered landfill by the district assembly for the town was recommended. Also, real estate developers in the town should be more circumspect about the siting of their residential properties since most of the people were not willing to pay higher rent if buildings are close to a filthy area like a dump site, irrespective of the architectural designs.

Keywords:

• Agogo Asante Akyem
• Hedonic price model
• rental values
• waste disposal site

Disclosure statement

No potential conflict of interest was reported by the author(s).