Finance for the Field

How Much Impact Do Parks Have on Property Values?

An analysis of 33 studies, which measured the impact of distance from a park on the sales price of a residence, reveals six key points.

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Designing Parks to Enhance a Community's Tax Base

Conventional belief states that parks are a costly investment from which a community receives no measurable financial return. However, this perspective overlooks the enhanced property taxes stemming from increased increments of value at properties located close to parks.

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