Residential Property Values Improved by Landscaping with Trees
Abstract:A 3 to 5% increase in the sales prices of-single-family houses in Athens, Georgia, was associated with the presence of trees in their landscaping, according to data from real estate records on over 800 house sales from 1978 to 1980. The average house sold for about $47,000 and had five front-yard trees visible in its Multiple Listing Service photographs. An average sales price increase of $1,700 to $2,100 was associated with the presence of these trees. This increase in property value represents an income of over $200,000 a year to the city in property tax revenues.
Document Type: Journal Article
Affiliations: Urban Forestry and Recreation Assessment Research Work Unit, USDA Forest Service, Southeastern Forest Experiment Station, Carlton Street, Athens, GA 30602
Publication date: August 1, 1985
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- Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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