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Research that Supports Recreation

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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: 37-48 of 48 entries
  2. The Impact of Greenways on Property Values: Evidence from Austin, Texas
    2005 - USA

    "Linear green spaces, of which greenways are a prime example, maximize the number of properties that can be positioned adjacent or nearby to them. As a result, a higher number of properties’ values...

  3. West Midlands theatre: An economic success story
    2005 - England

    Theatre related expenditures include:

    • by theatre audiences: in particular food, transportation, and childcare costs
    • theatre staff, goods and services
    • subsistence allowances to...
  4. Property values, recreation values, and urban greenways
    2004 - Canada

    The effects of greenways are not always the same and benefits associated with particular greenways should not be assumed to be similar at other locations.

  5. Festivals and the creative region: the economic and social benefits of cultural festivals in the Eas
    2003 - England

    Arts festivals in the East Midlands are generating substantial wealth and employment.

  6. Museums and Galleries in Britain: Economic, social and creative impacts
    2006 - England

    The overall economic impact of museums and galleries in in Britain is likely to be in the range £1.5 to £2 billion per annum. Over 9,000 people are directly employed by major museums and galleries...

  7. Staying ahead: the economic performance of the UK’s creative industries
    2007 - England

    The creative and cultural industries account for 7.3 per cent of the economy comparable in size to the financial industry and relative to services industry. They employ 1 million people themselves,...

  8. Ontario’s wealth, Canada’s future : Appreciating the value of the Greenbelt’s eco-services
    2008 - Canada

    In 2008, the David Suzuki Foundation reported that: " ..we are all directly dependent on the natural environment for the goods and services that ecosystems provide. These natural benefits include...

  9. Walking the Walk. How Walkability Raises Home Values in U.S. Cities.
    2009 - USA

    Houses with the above-average levels of walkability command a premium of about $4,000 to $34,000 over houses with just average levels of walkability in the typical metropolitan areas studied.

  10. Documented Health and Environmental Benefits Derived from Ornamental Horticulture Products
    2007 - Canada

    The literature reviewed for this study clearly illustrates that there are significant benefits from ornamental horticulture, whether economic, environmental or lifestyle.

  11. ECONOMIC IMPACTS OF PROTECTING RIVERS, TRAILS, AND GREENWAY CORRIDORS A RESOURCE BOOK
    1996 - USA

    Greenways and trails may increase nearby property values .An increase in property values can increase local tax revenues and help offset greenway acquisition costs. Spending by local residents on...

  12. Conservation: An Investment That Pays The Economic Benefits of Parks and Open Space
    2009 - USA

    Parks Boost Land Values and Property Taxes.  In Chicago,residential units in blocks near Millenium park have increased in value $100 per square foot. So a 1,400-square-foot condo would be worth...

  13. The Economic and Environmental Impact of Ornamental Horticulture on Canada’s Economy
    2009 - Canada

    The Canadian ornamental horticulture sector is a significant core part of Canadian agriculture generating $3.8 billion in employment income and another $850 million in end-user taxes. 

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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