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Municipal Technical Advisory Service (MTAS)

How much impact do parks have on property values? / John L. Crompton

Topic: 
PARKS AND RECREATION
Author: 
Crompton, John L.
Publisher/Date: 
Ashburn, Va. : NRPA, 2020.
Note: 
In Parks & Recreation. -- (April 2020)
Summary: 
The Board of Commissioners of Central Park in their reports from 1856 to 1873 were the first to attempt to answer the question of how much impact parks have on property values. Subsequently, many other studies emerged, but when viewed through today's lens, their results were naive and unconvincing because the research tools available to them were relatively primitive.