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Coastal wetlands provide an average property damage savings of $1.8 million annually per square kilometer of wetland, as determined by a study of property damage caused by 88 tropical storms and hurricanes hitting...

Sun, Fanglin, and Richard T. Carson. “Coastal Wetlands Reduce Property Damage during Tropical Cyclones.” Proceedings of the National Academy of Sciences, February 2020. https://doi.org/10.1073/pnas.1915169117.

Brownfield cleanup increases localized property values for housing by an average of 5.0% to 11.5%, according to an estimation of cleanup benefits for 327 brownfields applying to the US Environmental Protection...

Haninger, Kevin, Lala Ma, and Christopher Timmins. “The Value of Brownfield Remediation.” Journal of the Association of Environmental and Resource Economists 4.1 (2017), 197-241. http://doi.org/10.1086/689743

A study on the effects of walkability and investment returns showed that, on a 100-point scale, a 10-point increase in walkability increased values by 1 to 9%, depending on property type. The value of more than 4...

Pivo, Gary, and Jeffrey D. Fisher. (2011). The walkability premium in commercial real estate investments. Real Estate Economics, 39(2), 185-219.

A study of houses in Portland, Oregon found that on average, street trees add 3% to sales price and reduce time-on-market (TOM) by 1.7 days. In addition, the study found that the benefits of street trees spill over...

Donovan, Geoffrey H., and David T. Butry. (2010). Trees in the city: Valuing street trees in Portland, Oregon. Landscape and Urban Planning, 94(2), 77-83.

Properties within 3 blocks of New York's Central Park received a premium of approximately 18% per lot square foot compared to similar properties within a larger area surrounding the park, according to a 2009 study...

Appleseed Inc. Valuing Central Park’s Contribution to New York’s Economy. 2009.

Economic activity associated with Manhattan's Central Park—including tax revenues from visitor spending, park operations and increased real estate values—generated about $656 million in New York City tax revenues in...

Appleseed Inc. (2009). Valuing Central Park’s Contribution to New York’s Economy.

Well-designed integration of conservation features positively affects home values. In a study of 6 subdivisions in Cedar Rapids, Iowa, open space added an average of $462 to standard subdivision homes and $17,082 to...

Bowman, Troy, Jan Thompson, and Joe Colletti. (2009). Valuation of open space and conservation features in residential subdivisions. Journal of Environmental Management 90(1), 321-330.

In a Cedar Rapids, Iowa study, 66% of survey respondents living in both traditional and conservation subdivisions were willing to pay a premium for conservation features, at an average of $4,343.

Bowman, Troy, Jan Thompson, and Joe Colletti. (2009). Valuation of open space and conservation features in residential subdivisions. Journal of Environmental Management 90(1), 321-330.

Conservation subdivision design, a greenfield development practice that utilizes site analysis methods to preserve significant portions of environmentally valuable land, was shown to produce a higher 5-year...

Bowman, Troy, Jan Thompson, and Joe Colletti. (2009). Valuation of open space and conservation features in residential subdivisions. Journal of Environmental Management 90(1), 321-330.

The monetary benefits of urban trees outweigh their maintenance and other associated costs. In a study of five U.S. cities, each dollar invested in urban trees returned between $1.37 and $3.09 in benefits. Benefits...

McPherson, Greg, James R. Simpson, Paula J. Peper, Scott E. Maco, and Qingfu Xiao. (2005). Municipal forest benefits and costs in five U.S. cities. Journal of Forestry 103(8), 411-416.

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