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7.06 Parks and open spaces increase property value and tax revenue on adjacent land, and are often used as marketing features by developers

  1. Found: 25-36 of 48 entries
  2. Ticket to the Future Phase 1: The Economic Impact of the Arts and Creative Industries in Winnipeg
    2009 - Canada

    The arts and creative industries account for $1 billion in economic activity in Winnipeg and employ about 25,000 people; that’s 6.3% of the city’s labour force or nearly enough people to fill...

  3. The Economic Benefits of Bicycle Infrastructure Investments
    2009 - USA

    The national bicycling industry contributes an estimated $133 billion a year to the U.S. economy. It supports nearly 1.1 million jobs and generates $17.7 billion in federal, state, and local taxes....

  4. The impact of parks on property values: A review of empirical evidence
    2001 - USA

    There is a positive impact of as much as 20% on property values abutting or fronting a passive park area. Heavily used parks catering to large numbers of active recreation users have lower...

  5. The creative economy initiative: The role of the arts and culture in New England’s economic competit
    2000 - USA

    There are 3 key components of the creative economy:
    1. The Creative Cluster -  individuals that directly produce cultural products and contribute significantly to the economy;

    2. The Creative...

  6. Recreation–amenity use and contingent valuation of urban greenspaces in Guangzhou, China
    2006 - China

    In 2006,  Landscape and Urban Planning reported that: ”  Parks were the most popular venues, whereas institutional greenspaces served as surrogate parks. Visitation is mainly induced by...

  7. Economic Benefits of British Columbia’s Provincial Parks
    2002 - Canada

    British Columbia’s protected areas system continues to be a major source of economic activity for the province. These economic benefits are in addition to the primary value of the protected areas...

  8. Measuring the Economic Value of a City Park System
    2009 - USA

    Parks have a positive impact on nearby residential property values Parks play a major role in a city’s tourism economy.   While city parks provide much indirect benefit, they also provide huge...

  9. The Proximate Principle: The Impact of Parks, Open Space and Water Features on Residential Property
    2004 - USA

    This revised eidtion includes evidence on the impact of water features (ponds, lakes, ocean) on property values, a method to estimate the impact of parks and open space on property values, and an...

  10. Measuring the Economic Value of a City Park System
    2009 - USA

    Parks have a positive impact on nearby residential property values - excellent parks tend to add 15 percent to the value of a proximate dwelling.

  11. Estimating the non-market benefits of an urban park: Does proximity matter?
    2007 - Spain

    The mean willingness to pay (WTP) is considerably higher for people who live closer to a planned park as it is more accessible to them.

  12. The value of trees, water and open space as reflected by house prices in the Netherlands
    2000 - Netherlands

    House price varies by landscape type. Attractive landscape types were shown to attract a premium of 5-12% over less attractive environmental settings. The most influential environmental attribute...

  13. The effects of open space on residential property values
    2002 - USA

    Results show a premium associated with permanently preserved open space relative to developable agricultural and forested lands and support the hypothesis that open space is most valued for...

Leadership Provided By:

  • Leisure Information Network (LIN)
  • Alberta Recreation and Parks Association

On Behalf Of:

  • Canadian Parks and Recreation Association (CPRAA)

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