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• W2968839962 abstract "The review of 33 studies generally confirmed findings from a 2001 review: House values rose as proximity to a park increased; properties immediately adjacent to a park sometimes had a lower premium than dwellings a block or two away from it; larger parks had higher premiums, and their influence extended over a longer distance; and substantially greater premiums accrued from passive than from active parks. The results suggested a premium of 8%–10% on properties adjacent to a passive park is a reasonable point of departure, which is lower than suggested by previous guidelines. Four additional insights emerged: Percentage premiums were higher for (a) multifamily or small lots than for single-family homes or large lots and (b) for permanently protected lands than for developable lands; recognition was frequently lacking (c) the heterogeneity of open space and (d) differentials among submarkets. Six managerial conclusions and five guidelines for future research are offered." @default.
• W2968839962 created "2019-08-22" @default.
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• W2968839962 date "2019-08-12" @default.
• W2968839962 modified "2023-10-18" @default.
• W2968839962 title "Impact on property values of distance to parks and open spaces: An update of U.S. studies in the new millennium" @default.
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• W2968839962 doi "https://doi.org/10.1080/00222216.2019.1637704" @default.
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