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The impacts of parks on property values: a review of the empirical evidence
Reference Type
Journal, Research (Article)
Journal, Research (Article)
This paper reviews empirical evidence in the literature relating to three key questions: (1) Do parks and open spaces contribute to increasing property values (the proximate principle)? (2) What is the magnitude of this effect? and (3) How does distance affect the proximate principle? [UMN]
Authors
J.L. Crompton
J.L. Crompton
Date Published
2001
2001
Journal/Conference
Journal of Leisure Research
Journal of Leisure Research
Publisher
National Recreation and Park Association
National Recreation and Park Association
Publisher Location
Arlington, VA (US)
Arlington, VA (US)
ISBN/ISSN
0022-2216
0022-2216
Volume
33
33
Number
1
1
Start Page
1
1
End Page
31
31
Sub-Topics
Appraisal and Valuation, Asset Management, Economics/Cost-Benefit Analysis
Appraisal and Valuation, Asset Management, Economics/Cost-Benefit Analysis
State(s)/Region(s)
National
National
Keywords
Economic Benefits of Urban Forests, Proximate principle, Leaf characteristics, Property value, Real estate
Economic Benefits of Urban Forests, Proximate principle, Leaf characteristics, Property value, Real estate
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UMN
UMN
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