Research shows that homes near a park have an 8% to 20% higher valuation than other properties
Want to know the impact on home values after carving out some green space in an area, adding park benches and perhaps a playground with grass and shrubbery?It's major.
Anyone interested in parks or real estate would be smart to pay attention to these statistics.
Because here's the big benefit of this research. If you need to get approval for new parkland or to upgrade a park, be sure to show these statistics to homeowners in the area. And be sure to get them to turn out at city budget meetings to support expenditures for more parks.
Several studies have found that