The price of shade: New study finds location of trees affects home values – New Study/Science Updates
In densely populated urban areas, trees may be the leafy secret to an increase in property values.
Summary
Urban trees act as a valuable asset, potentially boosting property values in densely populated areas. While concrete and steel often dominate cityscapes, trees offer aesthetic appeal, improve air quality, and provide shade, contributing to a more desirable living environment. This enhanced environment can lead to increased property values for homes and businesses located near green spaces and tree-lined streets. Essentially, trees offer a tangible, often overlooked, economic benefit in urban settings.
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