Benefit/cost analysis of interdwelling noise control in multifamily dwellings
Augustine, Paul K.
Rowlands, W. Drew
Carrick, Paul M.
McCaffery, Jerry L.
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This thesis was undertaken to perform a benefit/cost analysis of interdwelling noise control in multifamily dwellings. Specifically, the benefit/cost analysis was performed to determine whether multifamily dwelling owners would find it economically beneficial to provide multifamily dwellings that are insulated from interdwelling noise. In other words, does the marginal benefit to the owner (additional monthly rent) exceed the marginal cost of providing the added insulation? A questionnaire was used to survey tenants of one multifamily apartment complex in Monterey, CA to show that a market does indeed exist for sound insulated multifamily dwellings (i.e.: tenants are willing to pay to attenuate interdwelling noise), and that the amount they are willing to pay is relatively large compared to the marginal cost of providing the added interdwelling sound insulation (i.e.:the amount that tenants have to pay for additional sound insulation to make the benefit/cost ratio greater than one is relatively small). The survey also ascertained attitudes towards noise where quiet surroundings are important to tenants in deciding where to rent, where noise is annoying to them to a relatively large degree, and where interdwelling noise is more annoying than outdoor noises,
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