
\begingroup
\centering
\begin{tabular}{lccc}
   \tabularnewline \midrule \midrule
   Dependent Variable: & \multicolumn{3}{c}{Sale Price (log of USD)}\\
                          & Matched         & IPTW            & OLS \\   
   Model:                 & (1)             & (2)             & (3)\\  
   \midrule
   \emph{Variables}\\
   Sbd1:Post 2002         & -0.8535$^{***}$ & -0.8617$^{***}$ & -0.7121$^{***}$\\   
                          & (0.1724)        & (0.1967)        & (0.1466)\\   
   Sbd1:Post 2006         & 0.5477$^{*}$    & 0.7440$^{**}$   & 0.5285$^{**}$\\   
                          & (0.2852)        & (0.3373)        & (0.1976)\\   
   Sbd1:Post 2011         & 0.0965          & -0.7615$^{*}$   & -0.0428\\   
                          & (0.3615)        & (0.3904)        & (0.3054)\\   
   In Sbd1                & 0.9860$^{***}$  & 1.208$^{***}$   & 0.4337$^{**}$\\   
                          & (0.2095)        & (0.3909)        & (0.1676)\\   
   Parcel Area (log)      & 0.3177$^{***}$  & 0.3250$^{***}$  & 0.3376$^{***}$\\   
                          & (0.0568)        & (0.0609)        & (0.0382)\\   
   Additions (log of USD) & 0.0171$^{***}$  & 0.0191$^{**}$   & 0.0224$^{***}$\\   
                          & (0.0049)        & (0.0073)        & (0.0040)\\   
   \midrule
   \emph{Fixed effects}\\
   Ditch                  & $\checkmark$    & $\checkmark$    & $\checkmark$\\   
   Sbd2:Post 2016         & $\checkmark$    & $\checkmark$    & $\checkmark$\\   
   Year                   & $\checkmark$    & $\checkmark$    & $\checkmark$\\   
   County                 & $\checkmark$    & $\checkmark$    & $\checkmark$\\   
   Area data absent       & $\checkmark$    & $\checkmark$    & $\checkmark$\\   
   \midrule
   \emph{Fit statistics}\\
   Observations           & 1,356           & 2,245           & 2,245\\  
   R$^2$                  & 0.33675         & 0.39374         & 0.31607\\  
   Within R$^2$           & 0.09066         & 0.11823         & 0.10157\\  
   \midrule \midrule
   \multicolumn{4}{l}{\emph{Clustered (Spatial Cluster \& Year) standard errors in parentheses}}\\
   \multicolumn{4}{l}{\emph{Signif. Codes: ***: 0.01, **: 0.05, *: 0.1}}\\
\end{tabular}
 
\par \raggedright 
Spatial clustering is done by applying a two mile by two mile square grid across the study area\\
The dummy variable Post 2002, 2006, and 2011 are always one after the indicated year\\
Subdistrict Two was formed in 2016\\
County fixed effects include Rio Grande, Alamosa, Saguache, and Conejos\\
Ditch effects capture the nine largest ditch systems in the SLV\\
The \emph{Area data absent} dummy is one if the county assessor does not report the area of the parcel. In these cases the area is calculated with GIS tools.
\par\endgroup
